Wyoming's energy landscape is undergoing a significant shift from coal to clean power. Coal currently accounts for 72.66% of the state's energy production, but its output has declined by 40% since 2015 due to plant closures and competition from renewable energy sources. Policymakers in Wyoming are putting aside political differences to attract clean energy innovators and investors, aiming to diversify the state's energy portfolio and stimulate economic growth.
Airloom, a startup focused on wind energy, is emerging as a key player in Wyoming's renewable energy sector. The company is developing a unique carousel-style wind turbine system that deviates from the traditional three-blade design. By building a pilot-scale version of its technology next year, Airloom aims to generate wind power at a significantly reduced cost compared to traditional turbines. The company has received substantial financial backing, including a $1.25 million contract from the U.S. Department of Defense.
Airloom's wind turbines operate on a different principle than conventional models. Instead of large three-blade turbines, the company uses a series of small winged turbines that run along an oval track. This innovative design minimizes radar interference and enhances the system's transportability, making it suitable for rapid deployment in various locations, including military bases and disaster-stricken areas. The Defense Department's interest in Airloom's technology aligns with its strategy to promote renewable energy solutions in conflict zones and emergency situations.
Airloom has received significant financial support, including grants from the National Science Foundation and $4 million in seed funding from investors such as Breakthrough Energy Ventures and Lowercarbon Capital. Recently, the company secured an additional $7.5 million in funding. This financial backing is crucial as Airloom prepares to launch its pilot project and validate the efficiency and cost-effectiveness of its technology.
Wyoming's energy future is increasingly tied to wind power, as the state boasts favorable wind speed and potential power generation rankings. With an existing wind capacity of 1,816 MW and $10 billion in planned investments for future projects, Wyoming is positioning itself as a leader in renewable energy development. This transition from coal to wind power reflects changing market dynamics and a strategic pivot towards sustainable economic growth in the state.