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Wind overtakes Hydro in the USA - Dec 2016
Installed wind electric generating capacity in the United States surpassed conventional hydroelectric generating capacity, long the nation’s largest source of renewable electricity, after 8,727 megawatts (MW) of new wind capacity came online in 2016. However, given the hydro fleet’s higher average capacity factors and the above-normal precipitation on the West Coast so far this year, hydro generation will likely once again exceed wind generation in 2017.
Disclaimer: The author of this post, may or may not be a shareholder of any of the companies mentioned in this column. No company mentioned has sponsored or paid for this content. Comments on this forum should never be taken as investment advice. |
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Disclaimer: The author of this post, may or may not be a shareholder of any of the companies mentioned in this column. No company mentioned has sponsored or paid for this content. Comments on this forum should never be taken as investment advice. |
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Installed wind electric generating capacity in the United States surpassed conventional hydroelectric generating capacity at the end of 2016. However, it's important to consider some nuances:
Capacity vs. Generation: While wind surpassed hydro in installed capacity, which measures the maximum potential output, hydro still generates more electricity in some years due to its higher average capacity factor. This means hydro plants operate closer to their full potential more often than wind farms, which are reliant on wind availability. Solar is gaining ground: As of September 2022, solar power generation surpassed hydro generation on a monthly basis for the first time, and the EIA forecasts solar to surpass hydro annually in 2024. Here are some resources for further exploration: U.S. Energy Information Administration (EIA): Electricity in the U.S.: https://www.eia.gov/energyexplained/...-from-wind.php EIA expects U.S. annual solar electricity generation to surpass hydropower in 2024: https://www.eia.gov/todayinenergy/in...=hydroelectric Electricity Forum: U.S. wind generating capacity surpasses hydro capacity: https://www.ge.com/news/reports/uniq...newable-energy
Disclaimer: The author of this post, may or may not be a shareholder of any of the companies mentioned in this column. No company mentioned has sponsored or paid for this content. Comments on this forum should never be taken as investment advice. |
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