NewEnergyNews More: U.S. New Energy Gains Market Share as Usage Dips

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  • Monday, September 9, 2019

    U.S. New Energy Gains Market Share as Usage Dips

    Why U.S. Renewable Energy Production Declined 1.1% in the First Half of 2019

    Maxx Chatsko, September 7, 2019 (Motley Fool via Yahoo Finance)

    “…[In the first half of 2019, zero-carbon energy production] declined 1.1% from the year-ago period…[but it should be only a short-term setback and the U.S. EIA data included] other promising details…[including the collapse] of coal-fired power plants…[The U.S.] generated 399 gigawatt-hours (GWh) of electricity from renewable sources in the first half of 2019, compared to 404 GWh in the same period of 2018…[but built] 8% more installed wind power capacity…

    …[The U.S. also] generated 11% more electricity from solar panels in the first half of 2019 compared to the year-ago period. Growth was about evenly split between utility-scale and small-scale installations…[In June 2019, U.S. coal generation was] just 78 GWh, a 23% decline from June 2018…Electricity from natural gas generation grew 6%, but it had grown] 14% this time last year…[Most significantly, the U.S.] generated 2.3% less total electricity in the first half of 2019…For those with a long-term mindset, headlines about the recent decline in renewable energy generation mean] relatively little…” click here for more

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