Over the next three years, net-new renewable energy generating capacity will be 18 times greater than that of gas, coal, oil, and nuclear combined

By Editorial team at pv/buzz

Renewable energy is the energy that is collected from renewable resources, which are naturally replenished on a human timescale, such as sunlight, wind, rain, tides, waves, and geothermal heat (Image: Alberto Masnovo)

According to a review by the SUN DAY Campaign of data released by the Federal Energy Regulatory Commission (FERC) for the first eleven months of 2019, the mix of renewable energy sources (i.e., biomass, geothermal, hydropower, solar, wind) is now in first place in the race for new U.S. generating capacity added in 2019.

FERC’s latest monthly “Energy Infrastructure Update” report (with data through November 30, 2019) reveals renewable sources (i.e. biomass, geothermal, hydropower, solar, wind) accounted for 8,784 MW of new generating capacity through the end of November. That is 8% more than that of natural gas (7,819 MW), nuclear (155 MW), oil (77 MW), and coal (62 MW) combined.

Combined, renewables provided 52% of new generating capacity through the first eleven months of 2019 and seem poised to increase their share once the final December numbers are released.

Renewables have now also surpassed 22% (i.e., 22.03%) of the nation’s total available installed generating capacity – further expanding their lead over coal capacity (20.92%). Among renewables, wind can boast the largest installed electrical generating capacity – 8.52% of the U.S. total, followed by hydropower (8.43%), solar (3.43%), biomass (1.33%), and geothermal (0.32%).

Read the full story

Verified by MonsterInsights