SLIDE 1
Solar Wind
Natural Gas 44% Coal 23% Nuclear 9% Hydro 9% Wind 7% Solar, etc 4% Other 4%
Renewables are Rapidly Replacing Fossil Fuels
Source: GTM Research, FERC Office of Energy Projects, American Wind Energy Association, Bloomberg New Energy Finance, EIA
- Renewables (wind, solar, biomass, and geothermal)
accounted for only ~11% of installed operating generating capacity in the U.S. as of December 2017
- Renewables accounted for ~57% of all U.S. new installed
capacity from 2015 – 2017 Replacement of Fossil Fuels by Renewables Installed Operating Generating Capacity
Natural Gas Coal Other
- Installations in 2017 down from a record 15 GW in 2016;
despite that, 73% CAGR in capacity since 2011
– 10,000 20,000 30,000 40,000 50,000 60,000 2011 2012 2013 2014 2015 2016 2017E
U.S. Cumulative Solar Capacity (MWdc)
Growth of Solar Growth of Wind
- Wind capacity has increased twenty-fold since 2001
– 20,000 40,000 60,000 80,000 100,000
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017E
U.S. Cumulative Wind Capacity (MW)
0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% 2011 2012 2013 2014 2015 2016 2017 Share of New Capacity Additions