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supply chain
Market Growth Potential
The U.S. wind energy industry is ramping up toward a level of capacity able to provide 20% of the country’s electricity needs. In order to reach that level of production by 2030, the industry would have to more than double from 2008’s manufacturing and installation base of 8,300 megawatts per year. Over 70,000 new turbines would have to be installed in the coming decades. This aggressive growth trend places a large demand on the current supply chain for parts, equipment and labor. The result is tremendous opportunity for new entrants into the industry. There is also increasing demand for service industries, such as construction, transportation, legal, financial, safety, and operations and maintenance.
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