Wednesday, January 01, 2014

Credit Suisse Projects ~85% of US Energy Demand Growth Coming from Renewables Through 2025

Solar PV’s rapid cost drop. (Credit: Bloomberg New Energy Finance) Click to enlarge.
Credit Suisse on December 20 released a report with some quite bullish projections regarding renewable energy growth and generation in the United States.  Here’s the short summary:
"We estimate that ~85% of future demand growth for power through 2025 (including the impact of coal plant retirements) could be met by renewable generation with compliance to the existing 30 mandatory and 8 voluntary RPS programs.  From this we would see over 100 GW of new renewable capacity additions with wind and solar market share more than doubling from 2012 to 2025."
Credit Suisse Projects ~85% of US Energy Demand Growth Coming from Renewables Through 2025
Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)