Renewable Energy Sees Explosive Growth During Obama Administration

Renewable Energy World

Two recently-issued federal studies underscore the dramatic growth in electrical generation from geothermal, solar, wind, and other renewable energy sources during the first three and one-half years of the Obama Administration.

According to the latest issue of EIA’s “Electric Power Monthly” with data through to June 30, 2012, non-hydro renewable sources (i.e., biomass, geothermal, solar, wind) provided 5.76% of net electrical generation for the first half of 2012. This represents an increase of 10.97% compared to the same period in 2011. Solar increased by 97.2% while wind grew 16.3% and geothermal by 0.2%. However, biomass dipped by 0.8%. For the first six months of 2012, wind contributed 3.84% of net electrical generation followed by biomass (1.40%), geothermal (0.43%), and solar ** (0.09%). Conventional hydropower accounted for an additional 7.86% of net electrical generation in 2012 – a decline of 14.3% compared to the first half of 2011.