When it comes to renewables, India has set itself some ambitious targets. Prime Minister Narendra Modi’s government is targeting 175 gigawatts (GW) of renewable capacity by the year 2022 — a goal proudly displayed on the Ministry of New and Renewable Energy’s website — and is aiming for 450 GW by 2030. Capacity refers to the maximum amount that installations can produce, not what they are currently generating.
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“The past decade saw a steady increase in wind capacity across the country and we capped the decade with a monumental achievement for the industry in reaching more than 100 GW,” Kiernan said. “With all of that capacity in the ground wind projects were able to deliver 7.2 percent of the nation’s electricity in 2019. That means U.S. wind farms can power over 32 million homes from close to 60,000 wind turbines spinning across 41 states. The industry is proud to provide consumers with clean, affordable power that keeps utility costs stable and avoids carbon emissions contributing to climate change.”
The majority of the growth in renewable power is attributed to wind and solar, which make up about half of renewable generation in the U.S. today. EIA predicts the two sources will account for nearly 80 percent of the renewable total in 2050.
Fast forward to the 2020 Annual Energy Outlook, released Wednesday, and that prediction has been turned on its head: Renewables are now forecast to account for 38 percent of electricity in 2050 (up from 19 percent today), while natural gas will see its share drop to 36 percent (from 37 percent today).
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Wind is the second most widely used renewable energy source, as global installed wind power capacity exceeded 563GW in 2018, accounting for approximately 24% of the world’s total renewable energy generation capacity.
I believe we are entering the decade when humankind will firmly pivot in the direction of sustainability. …
Solar, including small-scale solar PV systems, increased by 10.5% compared to the first half of 2018 and accounted for 2.7% of the nation’s total net generation. Small-scale solar — which increased by 19.9% — provided nearly one-third (32.7%) of total solar electrical generation.
The pairing of wind and solar power is an advantageous complement; the two benefit each other. The synergistic combination is an emerging trend in renewable energy and power generation as costs drop. The pairing of sustainable sources is in early stages, however. And the configuration still has challenges regarding return on investment (ROI), ease of implementation, and storage.
For the clearest sign yet that renewable energy has gone mainstream, consider this: Clean-energy resources supplied more of America’s electricity than coal for the first time ever in April.