Solar Takes Lead in Renewable Energy Growth

Renewable energy sources (solar, wind, biomass, and geothermal) have all been reported to have performed extremely strongly in the last 12 months, while the fossil fuels and nuclear have seen a decline. Gas generated power also showed signs of healthy figures.

It is the significant efforts to address the situation with climate change, falling installation costs, and latest technologies that has seen this significant expansion in the use of energy sources to power the nation.

With the right ongoing investment, the potential is there for 60% to 70% of energy to come from renewable sources by the year 2060.

Solar energy saw a increase in production of 138.9% with the top five states (Arizona, California, New Mexico, New Jersey, and Nevada) contributing a sizeable portion of this green energy.

Elsewhere, it is reported that wind generated energy saw a positive increase in production of a 16.6%, with geothermal seeing a significant increase at 9.6%, and still in last position is biomass which is currently standing at 1.6%.

One fossil fuel that has seen a substantial decline in production is that of coal which saw its energy share drop to 37.4%; it wasn’t that long ago that coal generated over 50% of the nation’s electricity needs.

If the local and national authorities are able to continue to promote the right policy incentives for the take-up of the green energy by commercial and domestic properties, it should be possible for a large percentage of the nation’s electrical requirements to be provided by clean sources of energy within the next 15 to 25 years.