Wednesday, December 5, 2012

2012 Will Be A Record Year For New, Non-Hydro Renewable Energy Capacity

The official numbers will take a few more months to gather. Yet, as 2012 draws to a close, America will soon set a record this year for installing new, non-hydro generating capacity.

Just the wind industry will likely install about 10,000 megawatts, while solar will build approximately 3,000 megawatts.  During 2012, a total of 13,000 to 15,000 megawatts of new, non-hydro renewable energy will be built.

That is an extraordinary number and compares to the country recently building from all generation sources about 15,000 megawatts per year.  Also, this record year for the construction of new, non-hydro renewable energy capacity demonstrates once more that the shale gas revolution is not killing renewable energy.

Indeed, simultaneously booming gas and non-hydro, renewable energy production has been a reality, a fact, since 2008.

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