B_0216_News_solar

Renewable Generation Set to Surge in 2016

Feb. 8, 2016

Wind, solar installations expected to drive growth.

Electricity produced from renewable sources is expected to grow by 9% in 2016, according to new data from the EIA. The Short-Term Energy Outlook projects that utility-scale renewables will contribute 14% of the energy used in the U.S. in 2016, with wind accounting for 5.2% and solar at 0.8%. The growth will stem from increased generation from hydroelectric sources as well as new solar and wind installations.

The EIA report notes that while government policies are crucial to the continued expansion of renewables, the extension of federal tax credits from the Consolidated Appropriations Act won’t have a major effect on renewable generation this year because so much of the new capacity is already in development. Other renewable power sources are not anticipated to have as dramatic of a year: geothermal is projected for only a 4% increase, biomass will stay flat, and hydropower will grow 5% mostly due to the effects of El Nino.

Voice your opinion!

To join the conversation, and become an exclusive member of Buildings, create an account today!

Sponsored Recommendations

Building Better Schools

Download this digital resource to better understand the challenges and opportunities in designing and operating educational facilities for safety, sustainability, and performance...

Tips to Keep Facility Management on Track

How do you plan to fill the knowledge gap as seasoned facility managers retire or leave for new opportunities? Learn about the latest strategies including FM tech innovations ...

The Beauty & Benefits of Biophilic Design in the Built Environment

Biophilic design is a hot trend in design, but what is it and how can building professionals incorporate these strategies for the benefits of occupants? This eHandbook offers ...

The Benefits of Migrating from Analog to DMR Two-Way Radios

Are you still using analog two-way radios? Download this white paper and discover the simple and cost-effective migration path to digital DMR radios that deliver improved audio...