Julian Spector of Greentech Media reports that the majority of power plants built in 2021 will produce carbon-free energy.
- Market forces, not mandates, have led to wind and solar energy becoming cost-competitive with natural gas.
- Natural gas will comprise 16% of new energy capacity and will mostly be seen in the states of Texas, Ohio, and Pennsylvania.
- While renewables will be scaled up, roughly 5% of America’s nuclear fleet will shut down.
“Solar will deliver the most new capacity, with 39 percent, according to the latest tally by the U.S. Energy Information Administration. Wind follows close behind with 31 percent. The long-awaited Vogtle nuclear plant in Georgia could finally wrap up one of its reactors this year, contributing another 3 percent. And battery storage will grow to 11 percent of new capacity, with a carbon impact determined by the cleanliness of the electricity that charges them.”
Read the full article here.
The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.
