U.S. Renewables Growth is 40 Years Ahead of Previous Forecast

 

Renewable energy’s share of domestic electrical production has shattered earlier projections by the U.S. Energy Information Administration. The EIA’s 2012 report forecasted solar capacity reaching 24 GW of capacity in 2035. However, the latest Energy Infrastructure Update indicates that utility-scale solar has already reached 25.84 GW of generating capacity.

“Not only has renewable energy’s share of total domestic electrical generation nearly doubled in the past seven years it has reached a level of output that EIA, just five years ago, did not anticipate happening for another four decades,” states Ken Bossong, executive director of the SUN DAY Campaign. “While one might conclude that EIA’s methodology is seriously flawed, it is also safe to say that renewables – especially solar and wind – by now providing almost one-fifth of the nation’s electrical production, are vastly exceeding expectations and breaking records at an astonishing pace.”

According to the group, solar has grown by 34.1% and wind has grown by 11.4% from 2016 to 2017.

"Achieving unprecedented 10 percent from renewable is a great success for the US." said Jeremy Goertz, Vice President of Saturn Power. “Growing to 40 and 50 percent penetration levels at grid parity and beyond will require increases in storage technologies at the distribution and transmission levels.  Saturn is excited to continue offering fully integrated on-demand and partial on demand solar and storage integrated solutions to support future renewable penetration."

To see Saturn Power’s solar and wind projects visit: http://saturnpower.com/content/where-weve-been

For the full article visit: http://solarindustrymag.com/report-u-s-renewables-growth-40-years-ahead-previous-forecast