NewEnergyNews: NEW ENERGY TO SUSTAIN BIG GROWTH – EIA

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    Thursday, July 17, 2014

    NEW ENERGY TO SUSTAIN BIG GROWTH – EIA

    Short-Term Energy Outlook, Renewables and CO2 Emissions; Electricity and Heat Generation from Renewables

    July 8, 2014 (U.S. Energy Information Administration)

    “EIA projects total renewables use for electricity and heat generation will grow by 2.9% in 2014. Conventional hydropower generation is projected to fall by 0.8%, while nonhydropower renewables rise by 4.9%. In 2015, total renewables consumption for electric power and heat generation increases by 4.0%...[W]ind power capacity will increase by 8.6% in 2014 and 13.9% in 2015. Electricity generation from wind is projected to contribute 4.5% of total electricity generation in 2015…EIA expects continued robust growth in solar electricity generation, although the amount of utility-scale generation remains a small share of total U.S. generation at about 0.5% in 2015…EIA expects that utility-scale solar capacity will increase by 88% between the end of 2013 and the end of 2015; about 70% of this new capacity is being built in California. However, customer-sited photovoltaic capacity growth, which the STEO does not forecast, is expected to exceed utility-scale solar growth between 2013 and 2015…” click here for more

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