in News Departments > New & Noteworthy
print the content item

The quantity of renewable energy in the U.S. has been steadily on the rise for the past 15 years, experiencing exponential growth in 2012, according to a new report from Colorado-based Renewable Choice Energy.

For example, the report says total U.S. wind power capacity has increased from a single gigawatt in 1998 to about 65 GW last year. At the same time, traditional sources of U.S. electricity production, including coal-fired power plants, have been in decline.

The report, titled “How Renewables are Winning,” further says U.S. renewable energy capacity doubled between 2009 and 2012, becoming one of the leading sources of electricity generation in the first six months of this year. The report attributes this growth is due to falling renewable technology prices, market investment, voluntary purchasers of renewable energy credits, compliance markets and tax incentives.

“What this report demonstrates is what those of us in the industry have long known - that the future of U.S. energy production lies in renewables,” comments Quayle Hodek, CEO of Renewable Choice Energy. “Increasingly, companies are turning to sources such as wind and solar power to drive their energy strategy with excellent results.”




Trachte Inc._id1770
Latest Top Stories

Wind And Solar Are Catching Up With Nuclear Power, Says Report

A new report from the Worldwatch Institute says nuclear energy's share of global power production is steadily shrinking. Meanwhile, renewables' share keeps growing.


Could New Desert Plan Spell The End Of California Wind Energy Development?

The California Wind Energy Association says it is disappointed with the draft Desert Renewable Energy Conservation Plan, which was recently released by state and federal agencies.


New U.S. House Bill Includes Wind PTC Extension

U.S. representatives have introduced the Bridge to a Clean Energy Future Act of 2014, which would extend the production tax credit (PTC) and other provisions through 2016.


Utility-Scale Wind And Solar Keep Getting Cheaper

A new study measures the levelized cost of energy from various technologies and suggests that the costs of utility-scale wind and solar power are catching up with those of traditional sources, even without subsidies.


The Song Remains The Same: Ontario Seeks More Science Before Lifting Offshore Ban

The Ontario government says the nearly four-year-old offshore wind moratorium will remain in place until the province fully understands the technology’s impact on the environment.

Renewable NRG_id1934
Canwea_id1984
Future Energy_id2008