20 February 2017 2017 03:45 PM GMT

Renewables Provide 23% Of US Electrical Generation, As Wind, Solar Grow Rapidly

According to the latest issue of the U.S. Energy Information Administration’s (EIA) “Electric Power Monthly” report (with data through December 31, 2016), renewable energy sources (i.e., biomass, geothermal, hydropower, solar, wind) continued their rapid growth and accounted for 15.34% of domestic electrical generation in 2016 — compared to 13.65% in 2015. Moreover, the growth in renewables once again handily surpassed EIA’s earlier forecasts for the sector.

In its “Short-Term Energy Outlook” (STEO) released on January 12, 2016, EIA said it “expect[ed] total renewables used in the electric power sector to increase by 9.5% in 2016.” In fact, in 2016, electrical output by renewables (including hydropower) increased by 12.56% while non-hydro renewables grew by 17.26%. EIA also forecast wind capacity “to increase by 14% in 2016.” In actuality, generation expanded by 18.75 % and provided 5.53% of domestic electrical output last year. Similarly, EIA “forecast hydropower generation in the electric power sector [to] increase by 4.8% in 2016.” In reality, hydro’s electrical production rose by 6.72%.

EIA’s January 2016 STEO did not offer a projection for solar in 2016 but its December 2015 STEO forecast “utility-scale solar power [to] average 0.8% of total U.S. electricity generation in 2016.” Utility-scale solar generation in 2016 actually exceeded 0.90% while utility-scale and distributed solar combined accounted for 1.37% of total electrical output. In fact, electrical output by utility-scale plus distributed solar grew by 44.04% in 2016 compared to 2015.

By comparison, electrical generation by coal dropped by 8.30% and that from petroleum liquids & coke plummeted by 15.37%. (Solar-generated electricity is now more than double that from petroleum sources.) Electrical output attributable to natural gas and other gases increased by just 3.47% while growth in the nuclear power sector was an anaemic 1.02%.

Beyond the growth experienced by solar, wind, and hydropower, geothermal also charted a 9.41% expansion in 2016. Among renewable sources, only wood and other forms of biomass experienced a decline last year – down by 1.67%.

Taken together, non-hydro renewables (i.e., biomass, geothermal, solar, wind) accounted for 8.85% of electrical generation in 2016. Nonetheless, in its latest STEO (issued February 7, 2017), EIA inexplicably states: “Non-hydropower renewables are forecast to provide 9% of electricity generation in 2017.” That is, EIA apparently anticipates no significant increase by non-hydro renewables in 2017 notwithstanding the sustained strong growth by these technologies in 2016 and during the several years prior.

“Given the trends of recent years, it is probably no great surprise that solar, wind, and other renewable sources once again surpassed EIA’s expectations,” noted Ken Bossong, Executive Director of the SUN DAY Campaign. “Yet, EIA continues to low-ball its latest forecasts for renewables thereby doing a serious disservice to the cross-section of rapidly growing clean energy technologies.”

August 16th 2019
Corporate Sourcing of Renewables Growing, Taking Place in 75 Countries

Companies in 75 countries actively sourced 465 terawatt hours (TWh) of renewable energy in 2017, an amount close to the overall electricity demand of France, according to the report from the International Renewable Energy Agency (IRENA). With the continued decline in the costs of renewables, the report suggests, corporate demand will continue to increase as companies seek to reduce electricity bills, hedge against future price spikes and address sustainability concerns.

November 27th 2018
Solar And Wind Provide 100% Of New Generating Capacity Additions In September

US – According to an analysis by the SUN DAY Campaign of data just released by the Federal Energy Regulatory Commission (FERC), solar and wind were the only energy sources adding new capacity to the U.S. electricity generation mix in September. Three “units” of new wind accounted for 363-MW while nine units of solar provided 339-MW.

August 14th 2019
Wind: China Maintains Emerging Markets Top Spot Following 19.7GW Build Boom

Wind industry intelligence service A Word About Wind has launched its Emerging Markets Attractiveness Index report for 2018, which provides insight and analysis into the most attractive emerging markets for wind companies. The index, now in its second year, ranks the top 30 emerging markets that investors should consider when investing in wind in Europe, Africa, Asia and Latin America. The list considers factors including political and economic stability for investors, alongside the growth of electricity demand and potential for wind growth, in order to rank the countries by overall potential. As with last year’s report, China tops the list and the ongoing trade war with the US shows no sign of slowing China’s formidable growth.

December 6th 2017
Renewables Provide 17.8% Of Total US Electricity. Solar Now 2.0% And Wind 6.0%

According to the latest issue of the U.S. Energy Information Administration’s (EIA) “Electric Power Monthly” report, U.S. electrical generation from renewable energy sources (i.e., biomass, geothermal, hydropower, solar – inc. distributed solar, wind) rose by 14.69% during the first three-quarters of 2017 compared to the same period in 2016. Simultaneously, electrical generation by fossil fuels and nuclear power combined declined by 5.41%. Nuclear power and coal both dropped by 1.5%, natural gas (including “other” gas) was down by 10.7%, and oil (i.e., petroleum liquids and petroleum coke) plunged by 17.1%.

August 12th 2019
EU Approves Ambitious Energy Efficiency Goals, Encourages Clean Energy Feed-In

Europeans will now be entitled to consume, store and sell the renewable energy they produce in line with ambitious targets set by the EU. The targets are to be reviewed by 2023, and can only be raised, not lowered. By making energy more efficient, Europeans will see their energy bills reduced. In addition, Europe will reduce its reliance on external suppliers of oil and gas, improve local air quality and protect the climate. For the first time, member states will also be obliged to establish specific energy efficiency measures to the benefit of those affected by energy poverty. Member states must also ensure that citizens are entitled to generate renewable energy for their own consumption, to store it and to sell excess production.

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