"Renewable energy sources are leaving coal, oil and nuclear power in the dust as new sources of electrical generating capacity while challenging natural gas' current dominance," comments Ken Bossong, executive director of the SUN DAY Campaign. "The growth of renewables is likely to accelerate as the costs for new solar and wind, in particular, continue to drop, making them ever more competitive with fossil fuels and nuclear power."
Renewable energy sources, such as wind, solar, biomass, geothermal and hydropower, accounted for 37.16% of all new domestic electrical generating capacity installed during calendar-year 2013 for a total of 5,279 MW, according to the latest Energy Infrastructure Update report from the Federal Energy Regulatory Commission (FERC).
Citing the FERC statistics, renewable energy advocacy group the SUN DAY Campaign notes that is more than three times that provided for the year by coal (1,543 MW - 10.86%), oil (38 MW - 0.27%) and nuclear power (0 MW - 0.00%) combined. However, natural gas dominated 2013, with 7,270 MW of new capacity (51.17%). Waste heat provided the balance of new generating capacity - 76 MW (0.53%).
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