America’s renewable energy set to surpass coal for the first month ever
CNNNew York CNN Business — America’s clean energy revolution is on the verge of a tipping point. The renewable energy sector is projected to generate more electricity than coal during the month of April, according to a recent report published by the Institute for Energy Economics and Financial Analysis. “The transition that’s going on in the electric sector in the United States has been phenomenal.” Even a decade ago, America’s renewable energy had little presence other than hydro power. In other words, this year renewables will likely start to generate more energy than coal’s 240 gigawatts of remaining capacity, at least on a month-by-month basis, according to the US Energy Information Administration. Wind and solar costs have plunged so drastically that 74% of the US coal fleet could be replaced by renewable energy and still save customers money, according to a report released last month by nonpartisan think tank Energy Innovation.
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