NAICS Code 423720-47 - Wind Energy Systems (Wholesale)
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NAICS Code 423720-47 Description (8-Digit)
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Tools
Tools commonly used in the Wind Energy Systems (Wholesale) industry for day-to-day tasks and operations.
- Wind turbine blades
- Wind turbine towers
- Wind turbine generators
- Control systems for wind turbines
- Wind speed sensors
- Anemometers
- Wind direction sensors
- Power converters
- Gearboxes
- Pitch systems
Industry Examples of Wind Energy Systems (Wholesale)
Common products and services typical of NAICS Code 423720-47, illustrating the main business activities and contributions to the market.
- Wind turbines
- Wind farms
- Wind power plants
- Wind energy storage systems
- Offshore wind energy systems
- Onshore wind energy systems
- Small wind energy systems
- Community wind energy systems
- Distributed wind energy systems
- Hybrid wind energy systems
Certifications, Compliance and Licenses for NAICS Code 423720-47 - Wind Energy Systems (Wholesale)
The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.
- American Wind Energy Association (AWEA) Certification: AWEA provides a range of certifications for wind energy professionals, including the Wind Turbine Service Technician certification, which is designed for technicians who perform maintenance, troubleshooting, and repair of wind turbines. The certification is valid for five years and requires passing an exam.
- North American Board Of Certified Energy Practitioners (NABCEP) Certification: NABCEP offers a range of certifications for renewable energy professionals, including the PV Installation Professional certification, which is designed for professionals who install, maintain, and troubleshoot solar photovoltaic systems. The certification requires passing an exam and meeting certain education and experience requirements.
- Occupational Safety and Health Administration (OSHA) Certification: OSHA provides a range of certifications related to workplace safety, including the 10-hour and 30-hour General Industry Safety and Health certifications. These certifications cover topics such as hazard recognition, fall protection, and electrical safety.
- National Electrical Contractors Association (NECA) Certification: NECA offers a range of certifications for electrical contractors, including the Certified Renewable Energy Professional (REP) certification, which is designed for professionals who install, maintain, and troubleshoot renewable energy systems. The certification requires passing an exam and meeting certain education and experience requirements.
- Underwriters Laboratories (UL) Certification: UL provides a range of certifications for renewable energy products, including the UL 1741 certification for inverters, converters, and controllers used in photovoltaic systems. The certification requires testing and evaluation of the product to ensure compliance with safety and performance standards.
History
A concise historical narrative of NAICS Code 423720-47 covering global milestones and recent developments within the United States.
- The wind energy systems industry has a long history dating back to the late 19th century when the first wind turbine was invented in Denmark. However, it wasn't until the 1970s that wind energy systems began to be used on a larger scale. In the 1980s, the industry saw significant growth, with the installation of large-scale wind farms in California and Denmark. In the 1990s, the industry continued to grow, with the development of more efficient turbines and the installation of wind farms in Europe and Asia. In recent years, the industry has seen continued growth, with the installation of large-scale wind farms in the United States, China, and India. In the United States, the wind energy systems industry has seen significant growth in recent years. In 2019, wind energy accounted for 7.2% of the total electricity generated in the United States, up from just 0.1% in 1990. The industry has been driven by a combination of federal and state policies, technological advancements, and declining costs. In 2019, the United States installed a record 9.1 GW of wind capacity, bringing the total installed capacity to over 105 GW. The industry has also seen significant job growth, with over 120,000 people employed in the industry in 2019.
Future Outlook for Wind Energy Systems (Wholesale)
The anticipated future trajectory of the NAICS 423720-47 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.
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Growth Prediction: Growing
The future outlook for the Wind Energy Systems (Wholesale) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for renewable energy sources and the government's push towards clean energy. The industry is also expected to benefit from the declining costs of wind energy systems, which will make them more affordable for businesses and individuals. Additionally, the industry is likely to see an increase in demand from emerging markets, which are looking to reduce their carbon footprint and adopt sustainable energy practices. Overall, the Wind Energy Systems (Wholesale) industry is poised for growth and is expected to play a significant role in the transition towards a more sustainable future.
Industry Innovations for NAICS Code 423720-47
Recent groundbreaking advancements and milestones in the Wind Energy Systems (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.
- GE Renewable Energy's Haliade-X: The Haliade-X is the world's most powerful offshore wind turbine, capable of generating up to 14 MW of power. It has a rotor diameter of 220 meters and can power up to 16,000 homes.
- Siemens Gamesa's SG 14-222 DD: The SG 14-222 DD is another offshore wind turbine that is capable of generating up to 14 MW of power. It has a rotor diameter of 222 meters and can power up to 18,000 homes.
- Vestas' Enventus Platform: The EnVentus platform is a modular wind turbine platform that can be customized to meet the specific needs of different wind projects. It is available in two different rotor sizes (136 and 150 meters) and can generate up to 5.6 MW of power.
- MHI Vestas' V174-9.5 MW: The V174-9.5 MW is an offshore wind turbine that is capable of generating up to 9.5 MW of power. It has a rotor diameter of 174 meters and can power up to 9,500 homes.
- LM Wind Power's LM 88.4 P: The LM 88.4 P is a wind turbine blade that is 88.4 meters long and is designed to be used with GE Renewable Energy's Haliade-X turbine. It is the longest blade in the world and is capable of generating more power than any other blade on the market.
NAICS Code 423720-47 - Wind Energy Systems (Wholesale)
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