The current population of Iowa is approximately 3.17 million people. In May 2019, state utilities used renewable energy (48.9%), coal (30.0%), natural gas (11.6%) and nuclear energy (9.5%) to generate electricity. Wind and hydropower are the primary sources of renewable energy in Iowa.
Iowa’s reliance on expensive coal contributes to the state’s above average electricity prices. In May 2019, the average cost of electricity in Iowa was U.S. 14.0 ¢ per kWh, which is the 15th most expensive state in the United States. The average price of electricity in the United States in May 2019 was 13.3 ¢ per kWh.
Iowa is one of thirty states that has a statewide renewable portfolio standard (RPS). The RPS requires the state’s two investor-owned utilities, MidAmerican Energy and Alliant Energy Interstate Power and Light to each generate 105 MW of electricity from renewable energy. However, it is the economics of low-cost wind energy that is causing Iowa utilities to continue to replace expensive coal-fired power with clean, green energy.
EDF Renewables has recently announced that construction has begun on the Glaciers Edge Wind Project in northwestern Iowa. The 200 MW capacity wind farm is scheduled to be completed by end of year 2019.
EDF Renewable Energy, Inc. develops and operates as a renewable energy projects and is headquartered in San Diego, California. EDF Renewables is a subsidiary of EDF Énergies Nouvelles, a multinational renewable energy company, headquartered in Paris, France.
The cheapest form of power without any subsidies or tax credits are wind, solar and hydropower. In 2005, Iowa’s use of renewable energy was almost nonexistent. Today, Iowa uses a higher percentage of renewable energy to generate electricity than many environmentally progressive states like New York.
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