U.S. Wind Generation Sets New Daily & Hourly Records At End Of 2020
In the final months of 2020, electricity generation from wind turbines in the United States set daily and hourly records.
In the final months of 2020, electricity generation from wind turbines in the United States set daily and hourly records.
Replacing the fossil-fueled energy supply with renewable energy requires unusual focus and substantial investment in the electricity sector.
The most recent count from the U.S. Department of Energy’s Energy Information Administration’s (EIA) Monthly Solar Photovoltaic Module Shipments Report proved a sluggish start in January 2020 for the solar industry, followed by a steep incline of shipments in March. The burst of the most impressive numbers ever of solar modules shipped was in March, with manufacturers shipping approximated 2.05 gigawatts of PV modules that month.
The SUN DAY Campaign recently reported that 11% of US electricity generation in the months of January and February was from wind and solar power.
It’s unclear why the EIA 2050 projections are so skewed from observable realities of costs, age of fleets, and global industry transformation. Like most major energy analysis organizations, they are very poor at predicting the rapidly declining costs of wind and solar, very poor at predicting the rapidity of growth of those technologies, and very poor at understanding that the existing technologies are fairly radically outcompeted.
Trump does not like wind and solar power, but the market absolutely loves wind and solar power. The EIA predicts wind, solar, hydro, and energy storage will be 78% of new electrical generation capacity in 2020. We will see 5.57 GW of coal retired and no new coal plants!
The latest report from the Energy Information Agency shows the use of coal to generate electricity fell by 13% in the first half of 2019 and the decline is expected to continue.
NextEra Energy told investors last month it expects 50% of all US electricity will come from renewable energy resources by 2030. That is 20 years sooner than the latest prediction for the Energy Information Administration.
The US Energy Information Administration’s latest Short-Term Energy Outlook was published this week, revealing electricity generation from coal in the United States will average 25% in 2019 and 23% in 2020, down from 27% in 2018 and continuing its steady decline to irrelevance.
EIA expects non-hydroelectric renewable energy resources such as solar and wind will be the fastest growing source of U.S. electricity generation for at least the next two years.