Renewables Make Up Nearly 90% of New Power in May

FERCA new report shows that renewable energy sources made up nearly 90 percent of all new electrical generating capacity in the U.S. in May and more than half the new capacity this year so far. A news release from the SUN DAY Campaign, a non-profit research and educational organization that promotes sustainable energy technologies as cost-effective alternatives to nuclear power and fossil fuels, says that a new “Energy Infrastructure Update” report from the Federal Energy Regulatory Commission’s Office of Energy Projects shows that wind, solar, biomass, and hydropower provided 88.2 percent of new installed U.S. electrical generating capacity for the month of May, and for the first five months of 2014, renewable energy sources accounted for 54.1 percent of the 3,136 MW of new domestic electrical generating installed.

Since January 1, 2012, renewable energy sources have accounted for nearly half (47.83%) of all new installed U.S. electrical generating capacity followed by natural gas (38.34%) and coal (13.40%) with oil, waste heat, and “other” accounting for the balance.

Renewable energy sources, including hydropower, now account for 16.28% of total installed U.S. operating generating capacity: water – 8.57%, wind – 5.26%, biomass – 1.37%, solar – 0.75%, and geothermal steam – 0.33%. This is more than nuclear (9.24%) and oil (4.03%) combined. *

“Some are questioning whether it’s possible to satisfy the U.S. EPA’s new CO2 reduction goals with renewable energy sources and improved energy efficiency,” noted Ken Bossong, Executive Director of the SUN DAY Campaign.”The latest FERC data and the explosion of new renewable energy generating capacity during the past several years unequivocally confirm that it can be done.”

You can read the full report here.

Comments are closed.