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29 Aug '12, 2pm

Renewable Energy Sees Explosive Growth During Obama Administration

According to the latest issue of EIA's "Electric Power Monthly " with data through to June 30, 2012, non-hydro renewable sources (i.e., biomass, geothermal, solar, wind) provided 5.76% of net electrical generation for the first half of 2012. This represents an increase of 10.97% compared to the same period in 2011. Solar increased by 97.2% while wind grew 16.3% and geothermal by 0.2%. However, biomass dipped by 0.8%. For the first six months of 2012, wind contributed 3.84% of net electrical generation followed by biomass (1.40%), geothermal (0.43%), and solar ** (0.09%). Conventional hydropower accounted for an additional 7.86% of net electrical generation in 2012 - a decline of 14.3% compared to the first half of 2011. During 2008, the last full year of the Bush Administration, non-hydro renewables accounted for 3.06% of net electrical generation with an average monthly o...

Full article: http://www.renewableenergyworld.com/rea/news/article/2012...

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