Iowa Tops Previous High to Reach an Impressive 64% Wind Energy Generation Milestone
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on Thursday, June 29, 2023
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Energy News
Iowa celebrates a major renewable energy accomplishment as it surpassed 64% wind energy generation in 2022. Over the years, the state has established itself as a known wind energy leader, attracting developers and fostering a favorable environment for renewable energy growth. As a result, Iowa has steadily increased its wind power capacity, setting new records along the way.
The latest figure from the U.S. Energy Information Administration (EIA) indicates that Iowa's wind energy generation hit the impressive 64.4% mark in 2022. This tops the previous record high of 59.6% in 2020, which represented a sharp increase from 42% in 2019. Wind energy notably surpassed coal as Iowa’s primary source of electricity in 2019.
The impact of Iowa's wind energy success extends beyond environmental benefits. It has played a vital role in job creation and economic growth, particularly within rural communities, across the state. Wind farms have stimulated local economies through tax revenue generation, employment opportunities, and lease payments to landowners.
Wind is the lowest cost source of generation, even without tax credits or subsidies, and is dramatically lower than the true costs of generation from coal — especially when accounting for externalities like impacts to health and crop losses. As we continue to work towards achieving 100% renewable energy at the state level, wind will continue to play an important role in providing affordable, reliable electricity to Iowans while helping to meet the energy needs of the future.
- clean energy
- wind power
- wind tax credits