More New Wind Generating Capacity than Nuclear Installed Worldwide for Second Year in a Row

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For Immediate Release

More New Wind Generating Capacity than Nuclear Installed Worldwide for Second Year in a Row

Trade Group Predicts 2001 Will Follow Trend

As Global Wind Installations Rapidly Expand

DISTRICT OF COLUMBIA, WASHINGTON, May. 10 -/E-Wire/-- Worldwide installations of wind energy generating capacity outstripped those of nuclear for the second year in a row in 2000, an indication that wind is becoming a competitive player in today's power markets, the American Wind Energy Association (AWEA) said today. The steady growth of investment in wind farms makes it clear that deployment of wind power can be part of the

solution to America's energy crisis, according to AWEA.

Additions to wind energy capacity worldwide totaled 3,800 megawatts (MW) in 2000, according to figures from the European Wind Energy Association (EWEA) and AWEA.

Some 3,056 MW of new nuclear capacity was installed in 2000, according to the

International Atomic Energy Agency's (IAEA) Public Reactor Information System. In 1999, additions to wind generating capacity totaled 3,600 MW and additions to nuclear, 2,700 MW.

"The figures are in, and they demonstrate that wind power can play a rapidly increasing role in our nation's energy portfolio and that of any nation with a good wind resource," said AWEA Executive Director Randall Swisher. "One need only look at the current pace of investments in wind farms in the U.S. and at the industry's

steady growth in several European countries, to see that this is one of the most promising power technologies in the market today." The wind industry is expected to grow this year by 60% in the U.S., and 34% worldwide. Globally, new wind turbines added this year will equal two large (1,000-MW) nuclear plants in electrical generation capability.

Because nuclear plants operate more steadily, a given amount of nuclear capacity

will generate substantially more electricity than the same amount of wind capacity. Even so, the fact that new wind capacity totals are beginning to surpass those of nuclear appears to signal a long-term trend, reflecting a combination of economic and environmental factors.

The cost of wind energy has declined steadily to a range that is more than competitive today, at the most efficient wind farms, with that of power from nuclear plants. Wind energy's low risk and predictable cost (its fuel is free, not subject

to fluctuations in price) are also attractive factors for power companies and utilities.

Nuclear power would in many cases not be economically viable without government insurance for catastrophic risk, such as that provided under the Price-Anderson Act

in the U.S. Concerns about investment risk, siting, processing of fuel, and storage of radioactive waste have also dampened the development of the nuclear power industry over the years.

Wind farms generate electricity without emissions of pollutants or of carbon

dioxide, the leading gas associated with global warming. Wind energy was recently singled out by the U.N. Intergovernmental Panel on Climate Change (IPCC) as a technology of

choice to bring fresh power online without contributing to global warming.

Global wind energy capacity figures are available from the Web at http://www.awea.org/faq/global2000.html. The IAEA report is located on the Web site

at http://www.iaea.org/programmes/a2/index. html.

AWEA, formed in 1974, is the national trade association of the U.S. wind energy industry. The association's membership includes turbine manufacturers, wind project developers, utilities, academicians, and interested individuals. More information

on wind energy is available at the AWEA web site: www.awea. org

American Wind Energy Association

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