UTILITIES AND NEW ENERGY

More Utilities Are Shifting to Renewable Energy

Bill DiBenedetto, July 30, 2014 TriplePundit

“The ‘new reality’ facing electricity consumers and their utility companies is that renewable energy is meeting an increasingly larger share of U.S. energy needs, according to [Benchmarking Clean Energy Deployment 2014] from Ceres and Clean Edge…[Wind, solar, biomass, geothermal, waste heat and small-scale hydroelectric were] 49 percent of new U.S. electric generating capacity in 2012…[T]he nation’s 32 largest electric utilities and their local subsidiaries…[were] were benchmarked on three major indicators of clean energy deployment…Renewable energy sales, or the total amount of renewable electricity sold to retail customers…Cumulative annual energy efficiency savings...[and] Incremental annual energy efficiency savings, or the energy savings from new programs or new participants in existing programs…[W]ide disparities were found in the extent to which electric utilities currently deliver renewable energy and energy efficiency, the report says…[NV Energy, Xcel Energy, PG&E, Sempra Energy and Edison International] of the 32 companies included in the report accounted for nearly 54 percent of renewable energy sales…SCANA, Southern Company, Dominion Resources, AES and Entergy…[accounted] for less than 2 percent of each of their total retail electricity sales…” click here for more

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