US: Renewable Energy to Surpass Coal in 2021

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The latest IEEFA update gives an insight about the historic crossover between renewable and coal generation which is about to happen in 2021

Official Press Release IEEFA :

IEEFA update: Renewable generation in U.S. is set to surpass coal in 2021

An historic crossover is coming as market share shifts

It now seems likely that annual renewable energy generation in 2021 will surpass coal-fired output in the U.S. for the first time. Recent trends for coal, which has been rapidly declining, and for renewables, which have been rapidly growing, indicate that by 2021 power-generation totals for both will run at least neck-and-neck, and the odds favor renewables. The balance, it turns out however, will be affected by unpredictable factors, such as weather and changes in public policy, but coal and renewables are rapidly headed in opposite directions in terms of market share. If the crossover point doesn’t occur in 2021, it will without a doubt do so by 2022. COAL’S INCREASINGLY RAPID... ... More: Official Press Release IEEFA

USA, renewable energy, coal, production, energy, surpass, historic, crossover, electricity, generation, decline

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