In the first two months of 2018, the United States installed 1,568 megawatts of wind and 565 MW of solar — which accounted for a whopping 98 percent of all new power generation capacity. Meanwhile, only 40 MW of natural gas capacity was installed in the same time period. These findings are detailed in the Federal Energy Regulatory Commission’s (FERC) latest “Energy Infrastructure Update,” which arrives even as the Trump administration attempts to align federal policy with the interests of the fossil fuel industry.
Despite administration resistance to renewable energy, several states that voted for Trump in the 2016 election are benefiting from the installation of major clean energy projects within their borders. This includes the 170 MW Beaver Creek Wind Project and the 168 MW Prairie Wind Project in Iowa, as well as the 81 MW Stuttgart Solar Project in Arkansas. As the cost of solar and wind energy continues to drop, the fundamental economics of the situation encourage further investments in clean energy.
The recent FERC report projects that renewable energy will continue to dominate new power generation capacity installed over the next several years. FERC estimates that 147,000, or 69 percent, of the 212,000 MW power generation capacity expected to be installed between now and March 2021 will be from renewable energy sources. It also predicts that coal plants, despite a more industry-friendly administration, will continue to close without replacement, shrinking the number of active coal plants over time. Net coal power generation is expected to fall by 15,000 MW over the next several years.
Via Think Progress