Renewables “Rock” U.S. Energy Growth

Joanna Schroeder

The SUN Day Campaign’s Ken Bossong, has noted once again that renewable energy sources are dominating the new energy landscape according to the latest “Energy Infrastructure Update” report from the Federal Energy Regulatory Commission’s (FERC) Office of Energy Projects. The reports shows wind and solar accounted for all new generating capacity placed in-service in April. For the month, two “units” of wind (the 300 MW Hereford-2 Wind Farm Project in Deaf Smith County, TX and the 211 MW Mesquite Creek Wind Project in Dawson County, TX) came on line in addition to six new units – totaling 50 MW – of solar.

In addition, wind, solar, geothermal, and hydropower together have provided over 84 percent (84.1%) of the 1,900 MW of new U.S. electrical generating capacity placed into service during the first third of 2015. This includes 1,170 MW of wind (61.5%), 362 MW of solar (19.1%), 45 MW of geothermal steam (2.4%), and 21 MW of hydropower (1.1%). The balance (302 MW) was provided by five units of natural gas.

Hereford Wind ProjectFERC has reported no new capacity for the year-to-date from biomass sources nor any from coal, oil, or nuclear power.

The reports finds the total contribution of geothermal, hydropower, solar, and wind for the first four months of 2015 (1,598 MW) is similar to that for the same period in 2014 (1,611 MW – in addition to 116 MW of biomass). However, for the same period in 2014, natural gas added 1,518 MW of new capacity while coal and nuclear again provided none and oil just 1 MW. Renewable energy sources accounted for half of all new generating capacity added in 2014.

“Members of Congress and state legislators proposing to curb support for renewable energy, such as Renewable Portfolio/Electricity Standards and the federal Production Tax Credit and Investment Tax Credit, are swimming against the tide,” noted Bossong, executive director of the SUN DAY Campaign. “With renewable energy’s clear track record of success and the ever-worsening threat of climate change, now is not the time to pull back from these technologies but rather to greatly expand investments in them.”

Today renewable energy sources now account for 17.05 percent of total installed operating generating capacity in the country: water – 8.55 percent, wind – 5.74 percent, biomass – 1.38 percent, solar – 1.05 percent, and geothermal steam – 0.33 percent (for comparison, renewables were 13.71 percent of capacity in December 2010 – the first month for which FERC issued an “Energy Infrastructure Update”).

For renewable energy supporters, what may be the best news: renewable energy capacity is now greater than that of nuclear (9.14%) and oil (3.92%) combined. In fact, the installed capacity of wind power alone has now surpassed that of oil. In addition, total installed operating generating capacity from solar has now reached and surpassed the one-percent threshold – a ten-fold increase since December 2010.

biomass, Electricity, Geothermal, Hydro, Natural Gas, Nuclear Energy, Oil, Renewable Energy, Solar, Wind