Renewables Account for 75 Percent of New US Generating Capacity in First Quarter of 2015
Renewable Energy generating capacity continues upward trend in the U.S., with plenty of room for more capacity and resource optimization.
The Renewable Energy industry is benefitting from continuing growth in terms of jobs, financial investments, and resource contributions. Sectors like Solar PV, Wind, Biomass, and others continue to increase their share in the nation’s energy supply.
According to the latest “Energy Infrastructure Update” report from the Federal Energy Regulatory Commission’s (FERC) Office of Energy Projects, wind, solar, geothermal, and hydropower combined provided over 75 percent of the 1,229 megawatts (MW) of new U.S. electrical generating capacity placed into service during the first quarter of 2015.
The numbers for the first three months of 2015 are similar to those for the same period in 2014 when renewable energy sources (i.e., biomass, geothermal, hydropower, solar, wind) provided 1,422 MW of new capacity. Renewable energy sources accounted for half of all new generating capacity last year.
Beyond the straightforward interpretation of new energy generation statistics, evolving variables like energy storage solutions, technology optimizations, and improving renewable resource procurement and management (like feedstock quality and quantity for anaerobic digestion, infrastructure improvements, bio-products creation, and more) will contribute to better capabilities of these diverse sectors to make a bigger dent in the energy supply.
Team Gemini and the company’s team members actively work on a variety of utility-scale projects to help make communities energy-efficient and -independent, and ultimately improve their Triple Bottom Line. These efforts usually take the form of “multi-phase” approaches that require many years to implement, and often evolve based on advancements in technologies and different industries; a changing policy landscape (particularly concerning waste management initiatives); and other factors.
To learn more about just some of Team Gemini’s technologies that enable renewable communities and increased resource production for different businesses, visit http://teamgemini.us/technologies/. And subscribe to our RSS feed or follow us on Facebook and Twitter to stay in the loop about future updates.
For the original article on the 2015 growth in renewable generating capacity, you can check out this link.