2020-12-17 13:20:00
U.S. SOLAR ENERGY UP BY 3.8 GW
RENEWABLES NOW - December 16 - The US brought live 3.8 GW of solar photovoltaic (PV) capacity in the third quarter of 2020, and is seen to reach 19 GW of annual installations.
The quarterly figure rose by 9% sequentially as the market started to recover from the impacts of the COVID-19 crisis, Wood Mackenzie says in its latest US Solar Market Insight report, compiled together with the Solar Energy Industries Association (SEIA).
“This report points to the incredible resilience of our companies and workers in the face of the pandemic and continued demand for clean, affordable electricity sources,” said Abigail Ross Hopper, SEIA’s president and CEO.
The authors of the report expect that solar capacity additions in 2020 will be up by 43% on the previous year. Taking into account the zooming utility-scale project pipeline, which has reached the record-high 69.2 GW, the country is set to achieve 100 GW of cumulative installed solar capacity by mid-2021, SEIA and Wood estimate.
Around 70% of the installations in July-September came from the utility-scale market, where 2.7 GW of solar parks went online. The residential segment, the one hit the most by the pandemic, grew by 14% in quarterly terms and thus beat recovery expectations. Still, the additions of residential solar capacity were lower than those in the first quarter.
The states with the biggest installation declines in the second quarter, such as New York and New Jersey, witnessed the biggest recoveries in the third trimester, noted Michelle Davis, senior analyst at Wood Mackenzie. Texas and Florida together were responsible for over 2 GW of the third-quarter additions.
-----
Earlier:
2020, December, 7, 12:55:00
U.S. ELECTRICITY DEMAND CHANGES
In April and May, at the peak of the COVID-19 restrictions, electricity demand fell 5.8%, the largest two-month drop in 50 years of recordkeeping.
2020, December, 7, 12:50:00
U.S. RENEWABLES ELECTRICITY UP
Renewable energy sources (i.e., biomass, geothermal, hydropower, solar, wind) continued to expand their share of the nation's electricity production during the first three-quarters of 2020,
2020, December, 1, 13:20:00
U.S. GAS PRODUCTION DOWN ANEW
The preliminary level for dry natural gas production in September 2020 was 2,678 billion cubic feet (Bcf), or 89.3 Bcf/d. This level was 5.4 Bcf/d (-5.7%) lower than the September 2019 level of 94.7 Bcf/d.
2020, December, 1, 13:15:00
RENEWABLE HEATING & COOLING
Heating and cooling based on renewable energy has emerged as an urgent priority for countries striving to meet climate goals and build resilient, sustainable economies.
2020, November, 25, 11:55:00
U.S. RENEWABLES INVESTMENT $55 BLN
US investment into wind and solar energy will total $55 billion in 2020
2020, November, 23, 12:05:00
RENEWABLE ENERGY FLEXIBILITY
The way to climate neutrality has to be paved by a multitude of technologies, approaches and market mechanisms. Within this mix, flexibility stands out as one of the essential features of the energy system of the future.
