Group items tagged

Colorado's renewable energy standard has in many respects been among the more successful ones in the country. But, between the pending expiration of production tax credits for wind energy and the fact that Colorado's dominant utility has already acquired sufficient renewable resources to meet its obligation of 30 percent renewables by 2020, there is concern over whether the growth in renewable energy in Colorado can be sustained.

The 2020 Factbook showcases the impact of sustainable energy over the last decade and highlights findings for 2019 that follow the macro trends of the 2010s: • Renewable energy became the cheapest new generation source in many U.S. power markets. The U.S. has over 2 times more renewable power generating capacity today than a decade ago. Solar capacity in 2019 was 80 times greater than what it was at the end of 2009. • Energy efficiency choices have proliferated, with federal programs helping high-efficiency appliances reach mass markets and state codes bolstering building efficiency. The economy grew every year in the past decade and energy use fell in five of the ten years. U.S. energy productivity (GDP/energy consumption) improved 18% between 2010 and 2019, benefiting businesses and households. • Natural gas became the primary source of U.S. power generation and shifted the scales in the global market. Between 2010 and 2019 domestic natural gas production jumped 50%, and natural gas went from providing 24% of the nation's electricity to 38%. The U.S. increased its export capacity to exceed its import capacity, building stronger trade relationships around the world. In 2019, the U.S. exported more gas than it imported.

According to the most recent issue of the “Monthly Energy Review” by the U.S. Energy Information Administration (EIA), renewable energy (i.e., biofuels, biomass, geothermal, hydroelectric, solar, wind) provided 10.51% of domestic U.S. energy production during the first nine months of 2009 – the latest time-frame for which data has been published.

The U.S. Environmental Protection Agency (EPA) and the U.S. Department of Energy’s National Renewable Energy Laboratory (NREL) are evaluating the feasibility of developing renewable energy production on Superfund, brownfields, and former landfill or mining sites.