30 May '17, 6pm

Report: U.S. Renewables Growth Is 40 Years Ahead Of Previous Forecast

Report: U.S. Renewables Growth Is 40 Years Ahead Of Previous Forecast

The share of domestic electrical production by renewable energy has now greatly eclipsed earlier projections by the U.S. Energy Information Administration (EIA), according to the SUN DAY campaign. The nonprofit organization says that in the EIA’s 2012 Annual Energy Outlook, the agency forecast that renewable energy generation would increase by 77% from 2010 to 2025 (from 10% to 15%). In addition, the share of total electricity generation from non-hydro renewables would grow from roughly 4% in 2010 to 9% in 2035. If one assumes growth were to continue at about the same annual pace as during the 25-year EIA forecast period (2010-2035), renewables would not be expected to reach 19.35% until roughly the year 2057 – forty years from now, the organization says. The EIA’s 2012 report further forecast that wind capacity would increase from 39 GW in 2010 to 70 GW in 2035 and that s...

Full article: http://solarindustrymag.com/report-u-s-renewables-growth-...

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