- Wind Resource. It was very windy last week. After some difficult weeks early in the month, May wind resource had a pretty spectacular finish to the month. Aside from south Texas, the major corridors we actively monitor all saw big improvements week-over-week, led by the Midwest (+39%), the Northwest and Central (+34%) and MidAtlantic (+29%). The important northwest Texas market was +17% week to week. With the strong finish, May ended up +1% y/y and 2Q21 to-date is tracking 2% higher on wind resource.
- Wind Generation. Higher wind speeds across the US translated to a big 30% week to week pop in US Wind power generation. With this resource uplift and a larger installed base of generation capacity, 2Q21 is now tracking up 17% year over year.
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