America’s renewable energy capacity is now greater than coal
CNNNew York CNN Business — America’s coal industry has already been left in the dust by natural gas. We’re going to eventually see renewables surpass coal across the country.” Matthew Hoza of BTU Analytics “Coal has no technology path,” said Jeff McDermott, managing partner at Greentech Capital Advisors, a boutique investment bank focused on clean energy. Also in April, the renewable energy sector was projected to have generated more electricity than coal, according to a separate report published by the Institute for Energy Economics and Financial Analysis. Renewable energy – including not just solar and wind but also water, biomass and geothermal steam – narrowly overtook coal by climbing to 257.53 gigawatts of installed capacity, FERC said. “We’re going to eventually see renewables surpass coal across the country,” said Hoza.
History of this topic
U.S. renewable electricity surpassed coal in 2022
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U.S. renewable electricity surpassed coal in 2022
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