American wind power capacity grew 39% last year adding 9,900 megawatts of wind power capacity,

Another remarkable boom to note this morning: wind power. In spite of all the global drama in 2009, American wind power capacity grew 39% last year. The U.S. added 9,900 megawatts of wind power capacity, the American Wind Energy Association said in its annual report yesterday, the largest annual addition on record.


It's funny… usually when we see a parabolic chart like that, we take our profits and bow out. Even though wind power is still a small part of American electricity -- about 2% of capacity --- we wonder if the stuff has come too far, too fast. The AWEA noted that much of last year's growth came courtesy of various stimulus packages… yet another red flag in our book.