U.S. Solar Needs A New Model – Lumio Answers From Silicon Slopes
Solar energy’s success depends on its business model as much as its photovoltaic cells. Despite the challenges of 2020 and the global pandemic, U.S. solar installations achieved record levels and the Energy Information Administration expects 2021 to far exceed these levels, with solar accounting for 39% of all new electricity generation capacity in 2021, surpassing […]
Coal Is Getting Even Closer to the End of Its Line
In 2020, Americans used 447 million short tons (to distinguish from metric tons) of coal. That’s enough to fill 4 million railroad cars, which sounds like a lot. But it’s also the country’s lowest annual coal consumption since 1965, and even that barely hints at the historical territory coal may soon explore. A few more […]
Renewable Energy Prices Hit Record Lows: How Can Utilities Benefit From Unstoppable Solar And Wind?
New U.S. Energy Information Administration (EIA) data predict solar and wind energy will dominate America’s new generation in 2020, making up 76% of new generation and adding 42 gigawatts (GW) of zero emission capacity, while coal and natural gas will dominate 2020 retirements with 85% of plant closures.