Renewable electricity production in the United States surpassed coal generation for the first time


The Energy Information Administration of the United States Department of Energy reported that in April, the use of renewable sources for generating electricity in the country for the first time exceeded the use of coal. In total, its production at the expense of renewable sources was 23%, while the share of electricity produced at the expense of coal was 20%. The agency notes that April data indicate a reduction in coal generation and an increase in electricity due to the wind and solar energy. Wind power production reached a record of 30.2 million megawatt-hours. The amount of solar energy produced amounted to 7.8 million megawatt-hours, repeating the record level of last June. The reduction of coal capacity will continue in the country. EIA estimates that in 2019, 4.1 gigawatts of coal will be decommissioned.

The information and recommendations contained in this analytical document are published strictly for information purposes and are not considered as an offer to buy or sell the trading tools mentioned above and are not intended to motivate to perform certain transactions
Something went wrong