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Europe: +44 (0) 207 198 1634 Equities and the Economy: • Equities rebound on Friday. • Post weekly loss. After a rough week U.S. stocks rebounded on Friday with the Dow closing up 14 points at 21,858, the S&P 500 rose 3 to 2,441 and the Nasdaq added 40 points ending at 6,257. Friday’s gains were not enough to offset the […]
The US electricity supply mix is changing, and renewable energy electricity generation in 2016 has already surpassed renewable generation from 2015. Source: U.S. Energy Information Administration, Electric Power Monthly Renewable electricity generation has surpassed levels from previous years in every month so far this year, based on data through June. Both hydroelectric and nonhydroelectric renewables […]
Despite the advancements in renewable energy generation over the past few years, fossil fuels continue to dominate the US energy consumption landscape. The EIA is expecting fossil fuel’s share to fall drastically over the next 20 years, to about 75% of consumption, the lowest level since the early 1900’s. Technological advances and potential policy changes […]
Renewable energy is growing. The extent to which it is growing is remarkable though, with 70 times more renewable capacity added than natural gas (18MW for natural gas vs 1,291MW for renewables). In the first three months of 2016, the U.S. grid added 18 megawatts of new natural gas generating capacity. It added a whopping […]
FERC puts renewables at 17.4% of total installed U.S. generating capacity, including 8.59% hydro, 5.91% wind (68,830 MW), 1.43% biomass, 1.13% solar (13,180 MW), and 0.34% geothermal steam. No new nuclear capacity was added in 2015, and only 9 MW of oil and 3 MW of coal. Because of differing capacity factors, the U.S. Energy Information Administration (EIA) […]
Data from Federal Energy Regulatory Commission shows new renewable capacity added so far this year is 900 times that of coal, figures do not account for distributed solar PV. The transitioning energy landscape of the U.S. has taken a further decisive step down the path marked “clean future” following data released by the Federal Energy […]
