Monday, July 13, 2020
How COVID-19 is Impacting the Renewables Industry
The EIA projects that the U.S. is on track to produce more electricity this year from renewables than coal for first time on record. While 2019 total energy consumption saw renewables surpass coal, 2020 is the first time the electricity sector is expected to see the same achievement. While the coal industry in the U.S. has been shrinking over the past decade due to declining renewable costs and cheap natural gas, the COVID-19 pandemic is pushing the coal industry into uncharted territory. In the first four and a half months of 2020, wind, solar and hydroelectric dams in the U.S. have produced more electricity than coal on 90 individual days. In all of last year, that number, the previous record, only totaled 38 days.
For the rest of the story visit: https://COVID19ImpactingRenewables
Posted by Gabie T.