ORIGINAL REPORTING: How Utility Professionals View The Evolving Power Mix
Consistent change: How utility professionals view the evolving power mix; A revolution in the utility power mix is already underway, according to a new Utility Dive survey
Herman K. Trabish, February 29, 2016 (Utility Dive)
It will be very interesting to see how the post-2016 election survey numbers look.
The U.S. power mix is undergoing a fundamental shift, fueled by economic forces, state and federal environmental regulation, and growing consumer demand for clean energy, according to Utility Dive’s third annual State of the Electric Utility 2016 report. Over 90% of more than 500 respondents indicated they expect utility-scale solar to increase significantly or moderately in their fuel mixes over the next five years, 77% see wind doing so, 72% expect the same for natural gas, and 91% indicated they expect either significant or moderate increases in distributed energy resources (DERs).
Over 80% of respondents see coal staying the same or moderately or significantly decreasing over the next 20 years, 90% see that happening with nuclear power, and 98% see that happening with petroleum generation. The numbers closely track previous surveys and reflect recent numbers on generation capacity growth. Renewables were almost 64% of the nearly 16.5 GW of new U.S. electricity generation capacity brought online in 2015, according the new "Energy Infrastructure Update" from the Federal Energy Regulatory Commission (FERC). The wind industry alone added almost 8.0 GW, taking the lead for new capacity from the natural gas industry, which added 5.9 GW. The solar industry was third in new installed utility-scale capacity with just over 2.0 GW. With distributed solar added in, the solar industry added an estimated 7.3 GW of capacity… click here for more