Renewables could overtake coal generation in 2020 as COVID-19 accelerates transition
The latest short-term energy outlook from the U.S. Energy Information Administration (EIA) shows renewables generation “is set to outpace coal generation in 2020,” amid “shrinking electricity demand caused by COVID-19 response measures as well as low natural gas prices,” Utility Dive reports. Coal consumption “is expected to decrease by nearly a quarter to 453 million short tons this year” due to competitive gas prices and lower power consumption, according to the article. Renewable generation, on the other hand, has been “following an upward trend” and is projected to grow by 11% this year, “despite COVID-related impacts to new generation capacity builds in the coming months.” For more, read the full article.
