Renewable energy deployment grew at a near-record pace in 2017, increasing by 14% to account for 18% of total US electricity generation, double its contribution a decade ago, and bringing it hot on the heels of the nation’s nuclear energy fleet, according to Bloomberg New Energy Finance’s new Sustainable Energy in America Factbook 2018.
A new report has revealed that American consumers spent less than 4% of their total annual household spending on energy in 2016 — heating, transport, and electricity — the smallest share ever recorded by the US Government.
gasoline is still more expensive than electricity for transportation, but is electricity produced from coal and natural gas cheaper than that from renewables? Price of fossil fuels (oil (2) and natural gas(3)) in the U.S. are at 14 year lows. The amount of electricity generated using coal in the U.S. is at its lowest level since 1970 (4) and last year, natural
gas surpassed coal as the top U.S. fuel used to produce electricity.
The US renewable energy industry installed 16 GW of clean energy in 2015, which is 68% of all new capacity installed. These are the primary findings from Bloomberg New Energy Finance’s (BNEF) Sustainable Energy in America Factbook report released this week, released in conjunction with the Business Council for Sustainable Energy … [continued]
Bloomberg New Energy Finance has released its third annual “Sustainable Energy in America Factbook,” which shows that the United States saw continued growth throughout the renewable energy, natural gas, and energy efficiency sectors throughout 2014. Additionally, US deployment of sustainable energy increased over the year, as prices fell and investment … [continued]
