New Energy Nears National Dominance
New Wind + Solar Capacity Six Times Greater Than Gas; For The First Time, Wind Capacity Exceeds Hydropower While Solar Tops Oil…
Ken Bossong, December 2, 2019 (SUN DAY Campaign)
“…[Federal Energy Regulatory Commission (FERC) data shows] solar and wind provided nearly six times as much new generating capacity as natural gas in September…[NatGas] still holds a diminishing lead for 2019 with 52.87% of all new generating capacity compared to 45.14% for the mix of renewables (i.e., wind - 25.46%, solar - 18.49%, hydropower - 0.76%, biomass - 0.43%, geothermal - 0.00%). The balance of new capacity added includes nuclear power (1.06%), oil (0.50%), and coal (0.42%)…[T]he gap between gas and renewables for calendar year 2019 appears to be closing with additions by the latter outpacing gas during each of the last three months reported…
[By September 2022,] fossil fuels and nuclear power will experience an overall capacity drop of 6,955 MW…[and] net new additions by renewables are projected to total 48,451 MW (wind - 28,918 MW, solar - 17,532 MW, hydropower - 1,404 MW, biomass - 317 MW, and geothermal - 280 MW)…If FERC's data prove to be accurate, renewable energy sources will provide nearly one-quarter (i.e., 24.96%) of the nation's total available installed generating capacity by September 2022 (compared to 21.78% today) with wind alone accounting for over a tenth (10.45%) and utility-scale solar at 4.64%. The balance will be provided by hydropower (8.23%), biomass (1.31%), and geothermal (0.33%)…” click here for more
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