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Wind Boom Brings 3,000 Jobs and Billions in Infrastructure Investment to Rural New Mexico
New Mexico ranked first nationally for windfarm construction last year, according to a new study that sees the state’s rural communities benefitting especially from an influx of investment that is expected to continue. The wind industry has invested $3 billion in New Mexico and created about 3,000 jobs: “Employment runs the full gamut, from front-end field workers who assess wind resources and work with local communities to construction jobs and long-term employment for operations and maintenance folks. “Wind technicians make up one of the two fastest-growing jobs nationwide alongside solar installers.”
Op-Ed: Why a Big Utility Is Embracing Wind and Solar
Costs for renewable technologies are decreasing. In Colorado, Xcel will replace two coal-burning units with built from scratch wind and solar plants and still save money.
Xcel Energy receives shockingly low bids for Colorado electricity from renewable sources
"What stands out about the response Xcel received is that wind sources with storage are now cheaper than coal generation, and solar plus storage is now cheaper than about 75 percent of coal generation in the state, according to CarbonTracker."
IEEFA Update: The Saudi Arabia of Solar? American Indian Country
Energy Transition Openings Now in the Four-Corners Region of Arizona, Colorado, New Mexico, and Utah
Trump’s Coal Programs Could Undermine Wind and Solar Industries
Several Trump administration policy proposals aimed at propping up the coal industry stand to slow the growth momentum of solar- and wind-powered electricity generation. They include “asking regulators to rewrite power market rules, revamping the tax code, and imposing tariffs on foreign-made solar panels.”
Congressional Push to Apply Oil-and-Gas Tax Break to Solar and Wind Sectors as Well
Two members of Congress are proposing expanding an important gas-and-oil tax-break mechanism to the solar and wind industries. The mechanism, called a master limited partnership, or MLP, is “one of biggest boons for the oil-and-gas sector,”allowing companies “to lighten their tax loads and get easier access to investment in pipelines and other projects.”
Fastest-Growing Job Category in U.S.: Wind and Solar Techs
Demand for solar- and wind-energy technicians is expected to double over the next decade, according to the latest employment-projection trends from the Labor Department.