QUICK NEWS, March 24: NEW ENERGY NOW 16.4% OF U.S. ELECTRICITY; WIND TECHNOLOGY DRIVING WIND GROWTH; NANOGRID REVENUES TO GET BIGGER

NEW ENERGY NOW 16.4% OF U.S. ELECTRICITY In February, Solar + Wind = 81% of New U.S. Electrical Generating Capacity; Renewable Sources Provide 92% of New Capacity for First Two Months of 2014

Ken Bossong, March 21, 2014 (FERC via SUNDAY Campaign)

“According to the latest Energy Infrastructure Update report from the Federal Energy Regulatory Commission's Office of Energy Projects, wind and solar provided 80.9% of new installed U.S. electrical generating capacity for the month of February. Five new ‘units’ of wind provided 99 MW while 12 units of solar provided 92%. In addition, one new unit of natural gas provided 45 MW…For the first two months of 2014, renewable energy sources (i.e., biomass, geothermal, solar, water, wind) accounted for 91.9% of the 568 MW of new domestic electrical generating installed. Coal, oil, and nuclear provided none while natural gas and 1 MW of ‘other’ provided the balance…Renewable energy sources, including hydropower, now account for 16.14% of total installed U.S. operating generating capacity…” click here for more

click to enlarge

Tweet

WIND TECHNOLOGY DRIVING WIND GROWTH Turbine Tech Advances Played Key Role In U.S. Wind Power Growth, Cost Decline

March 14, 2014 (North American Windpower)

“…[O]ver the past five years, U.S. wind energy capacity grew from 25 GW to over 61 GW, a 140% growth rate, yet electricity generated from these wind turbines grew at a rate of 200%, exceeding capacity growth and making wind energy cheaper than ever…[T]he increasing performance and production of wind turbines is the result of technological innovation and operational improvements [allowing taller towers and longer blades], which have effectively driven down the costs and allowed development to occur in lower wind speed regions…” click here for more

click to enlarge

Tweet

NANOGRID REVENUES TO GET BIGGER Nanogrids; Grid-Tied and Remote Commercial, Residential, and Mobile Distribution Networks: Global Market Analysis and Forecasts

1Q 2014 (Navigant Research)

“Nanogrids are modular building blocks for energy services that support applications [serving a single building or a single load] ranging from emergency power for commercial buildings to the provision of basic electricity services for people living in extreme poverty…[S]ubstantial deployments of nanogrids [with less technical and regulatory barriers than microgrids] are already in place…Nanogrids can be synergistic with the growing movement toward enhancing resiliency and therefore complement microgrids, but there are times and situations when microgrids and nanogrids will be competing…Bosch, Eaton, Emerson Network Power, Johnson Controls, and NRG Energy [are working the nanogrid market]. Navigant Research forecasts that global nanogrid vendor revenue will grow from $37.8 billion in 2014 to $59.5 billion in 2023…” click here for more

click to enlarge

Tweet