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New renewable energy passes traditional sources in the USA

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According to the latest "Energy Infrastructure Update" report from the Federal Energy Regulatory Commission's Office of Energy Projects, renewable energy sources (i.e., biomass, geothermal, solar, water, wind) accounted for 41.14% of new electrical generating capacity installed in October 2012 and 46.22% for the first ten months of 2012. In October, ten new wind power projects (594 MW) came on line as well as 3 biomass projects (69 MW), 10 solar projects (59 MW), and 1 water power project (5 MW). During the first ten months of 2012, 92 wind projects (5,403 MW), 167 solar projects (1,032 MW), 79 biomass projects (409 MW), 7 geothermal projects (123 MW), and 9 water power projects (12 MW) have come on-line. Collectively, these total 6979 MW or 46.22% of all new generating capacity added since the beginning of the year. By comparison, new natural gas capacity additions since January 1, 2012 totaled 67 projects (5,702 MW) or 37.8% while 3 new coal projects added 2,276 MW (15.1%). Nuclear and oil represented just 0.8% and 0.1% of new capacity additions respectively.

The new renewable energy generating capacity added in 2012 represents a 47.7% increase over the level recorded for the same period in 2011. Renewable sources now account for 14.93% of total installed U.S. operating generating capacity -- more than nuclear (9.27%) and oil (4.32%) combined.

Release of the FERC study was followed by the most recent "Electric Power Monthly" report by the U.S. Energy Information Administration which finds that non-hydro renewables accounted for 5.2% of net electrical generation for the first nine months of 2012 - an increase of 13.3% compared to the same time period in 2011. Almost two-thirds (63.44%) of the non-hydro renewable electrical generation came from wind, followed by biomass (26.70%), geothermal (7.78%), and solar (2.08%). Solar alone increased by 133.3% while wind grew by 17.7%. Combined with conventional hydropower, renewable energy sources for the period January 1 - September 30, 2012 accounted for more than 12.2% of net U.S. electrical generation.

Comparing the first nine months of 2012 to the same time-frame in 2011, coal used for electrical generation dropped by 16.3%, nuclear by 1.1%, petroleum liquids by 20.3%, and petroleum coke by 35.5%. Conventional hydro also declined by 14.5%. Among the non-renewable energy sources, only natural gas showed an increase - 26.1%.

"The continued strong growth by renewable energy sources for electrical power generation over the past four or five years vindicates the investments made in these technologies," said Ken Bossong, Executive Director of the SUN DAY Campaign. "Moreover, their rapid expansion underscores their near-term viability for ultimately phasing out both fossil fuels and nuclear power."

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