Wednesday, February 3, 2016

USA: Geothermal Energy Electricity Generation Expected to Grow 4% This Year

Electricity generation from renewable sources expected to grow 9% this year (EIA)

Electricity generated from utility-scale renewable plants is expected to grow by 9% in 2016, based on projections in the latest Short-Term Energy Outlook. Much of the growth comes from new installations of wind and solar plants and increases in hydroelectric generation after a relatively dry 2015. In 2016, electricity from utility-scale renewable sources is expected to account for 14% of the total electricity generated in the United States, with wind and solar contributing 5.2% and 0.8%, respectively.

The U.S. Energy Information Agency (EIA)'s Electric Power Monthly, based on data reported on EIA's Annual Electric Generator Report (EIA-860) about planned capacity additions, shows that wind and solar plants make up two-thirds of all capacity additions planned for 2016.

Changes in electricity generation from other renewable fuels in 2016 are expected to be flat (in the case of biomass) or relatively modest (4% increase in geothermal). Electricity generation from hydropower facilities is expected to increase 5% in 2016 based on expectations of high precipitation during El NiƱo, with water levels recovering from the relatively dry years in recent history.