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North America will lead the world in new smart energy additions through 2015

Nov. 16, 2012

Dive Summary:

  • According to a recent report from Pike Research, North American will add more than 400,000 megawatts of renewable capacity from 2012 through 2015, making it the leading region in the world for new renewable energy.
  • Europe will be the largest region in terms of revenue, totaling more than $500 million through 2015 even though the United States will be first in terms of capacity additions.
  • Renewable power sources including biomass, wind, and solar make up 10 percent of total electricity production in the U.S.

From the article:

Renewable power sources ? including hydrokinetic (which includes pumped storage), biomass, waste, geothermal, wind, solar photovoltaics (PV), and solar thermal ? make up 10 percent of total electricity production in the United States. While news headlines in this election year have highlighted failures by renewable energy companies, such as the solar panel maker Solyndra, North America leads the world in terms of additions of new renewable energy capacity. According to a recent report from Pike Research, a part of Navigant?s Energy Practice, North America will add more than 400,000 megawatts (MW) of renewable capacity from 2012 through 2015, making it the leading region in the world for new renewable energy. ...

Source: http://www.utilitydive.com/news/north-america-will-lead-the-world-in-new-smart-energy-additions-through-201/73995/

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