Reduced pricing and new clean energy policies have positioned the U.S. wind and solar industries for significant growth. CDA’s recent analysis of the industries reveal a 30 percent growth in wind over the last 10 years due to a 69 percent decrease in production costs, and 15.8 percent expected annual growth for the solar market between 2018 and 2027, because of increased global demand and cost reduction targets. Solar is already the cheapest source of electricity in Colorado and Arizona.
CDA is encouraged by the adoption of statewide clean energy and continues to advocate for economic policies that increase accessibility and integration of renewable energy sources.
Copper is a significant component of the wind and solar energy industry that offers superior conductivity, efficiency and reliability. CDA continues to participate in partnerships and advocacy efforts regarding energy policy and electrical markets.