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Green energy makes up half of new US capacity
January 20, 2013
Green energy makes up half of new US capacity
Renewable energy accounted for just under half of all new electrical generating capacity installed in the US over 2012. The latest Energy Infrastructure Update report from the Office of Energy Projects, part of the Federal Energy Regulatory Commission (FERC), lists just shy of 13GW of green energy project coming online last year, a more than 50 percent rise on the 8.5GW of capacity added in 2011.
Around a quarter of this capacity became operational in December alone, as wind energy developers rushed to complete projects before the feared expiration of federal tax credits. Wind projects led the way in 2012 with 164 new developments totaling over 10.5GW of capacity, a figure that dwarfed the 8.7GW of new natural gas generation capacity and 4.5GW of coal added in the same period. In addition, around 1.5GW of new solar capacity was added, along with 0.5GW of biomass and 0.1GW of geothermal projects.
Read more at GreenBiz
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