Thursday, 24 January 2019

Solar and wind are booming, while coal keeps shrinking

Solar and wind are booming, while coal keeps shrinking

The boom in solar and wind power in the United States will deal a fresh blow to coal country in the next few years. Renewable energy, led by solar and wind, is projected to be the fastest-growing source of US electricity generation for at least the next two years, according to a report published Friday by the US Energy Department. Boosted by swiftly falling prices, utility-scale solar power is expected to increase by 10% in 2019 and 17% in 2020, the Energy Information Administration said. Wind power should grow 12% and 14% in those years, vaulting it ahead of hydropower for the first time.

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