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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
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.
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!!!