WASHINGTON, May 13 (UPI) -- Wind power is capable of becoming a major contributor to America's electricity supply, a report released by the U.S. Department of Energy says.

The report suggests that wind could supply 20 percent of the nation's energy by 2030.

The report, "20 Percent Wind Energy by 2030: Increasing Wind Energy's Contribution to U.S. Electricity Supply," looks closely at one scenario for reaching the 20 percent goal by 2030 and contrasts it with the scenario of no new wind power.

"DoE's wind report is a thorough look at America's wind resource, its industrial capabilities and future energy prices, and confirms the viability and commercial maturity of wind as a major contributor to America's energy needs, now and in the future," said Andy Karsner, assistant secretary of energy efficiency and renewable energy.

The report suggests that achieving the target could reduce carbon dioxide emissions from electricity generation by 25 percent in 2030, reduce natural gas use by 11 percent, reduce water consumption by 4 trillion gallons by 2030, increase annual revenues to local communities to more than $1.5 billion by 2030 and support roughly 500,000 jobs.