NewEnergyNews More: New Energy Moves Ahead Of Coal

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  • Tuesday, April 30, 2019

    New Energy Moves Ahead Of Coal

    America's renewable energy set to surpass coal for the first month ever

    Matt Egan, April 29, 2019 (CNN)

    “…The renewable energy sector is projected to [for the first time] generate more electricity than coal during the month of April, according to a recent report…[Coal was already replaced as the power sector leader by] natural gas, a much cleaner burning fossil fuel…[A decade ago, U.S. New Energy] had little presence other than hydro power. But a wave of investment — first into wind, and then solar — has made these new technologies far cheaper…At the same time, increased awareness about climate change has led many American businesses, households and state legislatures to demand cleaner energy…

    [U.S. Energy Information Administration statistics project New Energy (hydro, biomass, wind, solar and geothermal) to] sporadically exceed coal in 2019 and 2020…[The shift will initially be when hydro and wind increase in the spring and] coal plants shut down for maintenance…[New Energy is projected to be the fastest-growing source for power generation for at least the next two years and will pass] coal on an annual basis…Coal's share of total power generation tumbled from 45% in 2010 to 28% in 2018…[and is] expected to dip to just 24% in 2020…The problem for coal is economics…[Energy Innovation found wind and solar costs] have plunged so drastically that 74% of the US coal fleet could be replaced by renewable energy and still save customers money…” click here for more


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