Despite the economic slowdown and the absence of any groundbreaking climate policy, renewable energy had a good year in the United States in 2011. According to the latest report from the Energy Information Administration, the government’s keeper of all energy-related facts, renewables grew at a record pace and squeaked out of last place in the country’s energy generation standings. In the first nine months of the year, renewables accounted for 11.95 percent of domestic energy production, pulling ahead of nuclear power, which contributed only 10.62 percent.
When you look at the electricity sector alone, renewables shine even brighter. Nuclear’s share of electricity generation dropped by 2.8 percent compared to the first nine months of 2010, while coal’s share dropped by 4.2 percent. In the same period, renewables’ share of electricity generation grew almost 25 percent.
Renewables’ big bump comes is attributable in part to its relatively small share of electricity generation overall. But the continuing success of renewable energy also points to its dynamism compared to energy sources like nuclear plants—which take years to build, require heavy investments at the beginning of their lifetime, and often face strong community opposition. While the price per unit of renewable energy has been dropping steadily, the price per unit nuclear energy has been sneaking upward.
– from good.is