Wind’s Production Potential- Shortfalls and Growth

Solar and wind energy production is on the rise, according to a report published by the International Energy Agency. However, despite this rise in wind production, the results fell short of the projected potential for the renewable source, according to the Department of Energy. Electricity generated from bioenergy, ocean and geothermal energy stayed the same. Electricity production from solar energy rose by 34.3 percent to 137 terrawatt hours and that or wind rose by 21.4 percent, reaching 633 terawatt hours. Hydro production, on the other hand, experienced a slight decline.

Overall, electricity produced by renewable sources increased by 4.9 percent since 2012. In 2013, 5068 terawatt hours of electricity were produced. Total electricity generation by renewable sources for 2014 is projected to reach 5414 terawatt hours, or which 13% will be from wind and 3.6% will be from solar. According to an annual report published by the Department of Energy,

All signals point to more robust growth in 2014 and 2015.”

The largest source of electricity from renewables remains hydro, despite the slight dip in production. In 2013, hydro accounted for 75.5 percent of renewable energy production.

The Department of Energy suggests wind has the potential to provide the United States with approximately 20 percent of U.S. However, to reach this point would require advancements within the energy markets and regulatory, as well as technological progress.

Regardless of future uncertainties, and despite the poor showing in 2013, wind power capacity additions in recent years have put the United States on an early trajectory that may lead to 20 percent of the nation’s electricity demand coming from wind energy by 2030,” the report said.

 

Read more here- “With Eind Nergy Prices at All-Time Lows, DOE is Cautiously Optimistic,” (John Cushman Jr., Inside Clime News)

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Olivia is a graduate of Villanova University where she studied Economics and History, minoring in Gender and Women's Studies. She also has experience working with federal legislatures on health care policy, women's issues, and Internet safety.

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