Monday, September 17, 2018

Renewables = 43% of New Power Capacity in USA in 1st Half of 2018

Solar Farm (Credit: cleantechnica.com) Click to Enlarge.
In the 2nd quarter of 2018, renewable energy accounted for 21% of new power capacity in the country, which is unfortunately down from 30% in the same quarter of 2017.  The market share was down due to an increase in the natural gas boom and a decrease in the renewables boom. (Solar + wind, which now dominate new capacity additions among renewables, accounted for 20% of additions in Q2 2018, compared to 29% in Q2 2017.)

In the first half of 2018, those figures were better, but still not as good as they were in 2017.  Renewables accounted for 43% of new power capacity in the country, down from 46% in the first half of 2017.  (Solar + wind accounted for 42% of new power capacity in the country, down from 44% in the first half of 2017.)
...
Because of changes across the power capacity base, the result is that renewables have risen to 21.6% of US power capacity versus 20.5% at this point in 2017.  (Solar + wind rose to 11.4%, versus 10.2% at this point in 2017.)  In particular, aside from the natural gas and renewable energy additions noted above, the most notable change in the industry is the decline of coal power, which is simply not competitive any longer.

Read more at Renewables = 43% of New Power Capacity in USA in 1st Half of 2018

No comments:

Post a Comment