Yet another tipping point passed in new renewable electricity installations. We have to finish off finishing off coal, then the gas Ponzi scheme, and ramp up EV usage, helped by covid-19, fracking bankruptcies, the global oil and gas price wars, increasing divestment...and of course the fact that renewables are cheaper than destroying the planet—I mean, preserving fossil fuel entitlement fever.
New electric generating capacity in 2020 will come primarily from wind and solar
Graphic above.
According to the U.S. Energy Information Administration’s (EIA) latest inventory of electric generators, EIA expects 42 gigawatts (GW) of new capacity additions to start commercial operation in 2020. Solar and wind represent almost 32 GW, or 76%, of these additions.
