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Solar + Wind = 74% of New US Electricity Capacity January–May 2015 (Exclusive)
Solar Wind 74 of New US Electricity Capacity January May 2015 Exclusive CleanTechnica
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Wind and solar are winners!!!
Solar Wind 74 of New US Electricity Capacity January May 2015 Exclusive CleanTechnica
Wind power and solar power are increasingly the most cost-competitive options for new electricity generation, and the installation numbers for the first 5 months of 2015 are just another way of showing that.
Based on data from the Federal Energy Regulatory Commission and SEIA/GTM Research, I’ve just produced my latest CleanTechnica report on the US electricity generation capacity market. The biggest highlight, as you can see in the title, is that 74% of new US electricity generation capacity added in January–May of 2015 came from wind and solar power. Renewables as a whole accounted for 75% of new electricity generation capacity.
In May 2015, renewables (entirely solar and wind power) accounted for 49% of new electricity generation capacity, down a bit fro previous months due to a large influx of new natural gas power capacity.
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While solar and wind are rocking it in 2015, it’s important to note that they still just represent 7.6% of all US electricity generation capacity, and their percentage of electricity generation is even lower (report forthcoming now published). Overall, all renewables now account for 18% of US electricity generation capacity.
Wind and solar are winners!!!