U.S. Renewable Energy Growth in 2014 Dwarfs Fossil Fuel Plant Additions

The U.S. this year has significantly scaled back coal and natural gas power plant additions compared to 2013, and solar and wind power capacity is far outpacing the 2013 installation rate, according to the U.S. Energy Information Administration.  No utility-scale coal plants were added in the first six months of 2014, whereas more than 1,500 megawatts of coal-fired power capacity had been added during the same period last year.  Natural gas additions were cut roughly in half compared to the first half of 2013, while wind additions more than doubled and solar power increased by 70 percent. The only coal plants scheduled to come online in 2014 are the Kemper plant in Mississippi, which will capture its own carbon emissions, and a small conventional steam coal plant in North Dakota, reflecting the challenging market for coal due to impending federal environmental regulations and competition from natural gas.

U.S. Renewable Energy Growth in 2014 Dwarfs Fossil Fuel Plant Additions