Can Renewables Grow Fast Enough?

 

According to a new report from the U.S. Energy Information Administration, coal will still be the top energy provider in 2040. Although renewables and nuclear are growing at the fastest rates in electricity, the EIA predicts coal will still be top.

 

“EIA’s forecast shows non-hydropower renewables as still just a small piece of the electricity generation mix in 2020, with coal still trailed by natural gas. Nearly 80 percent of the world’s energy use, for both transportation and electricity, will be fossil fuels through 2040.”

 

Read more about the report at GreenTechMedia.com.

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About Gaylen Davenport

Worldwide provides clients complete turnkey energy efficiency evaluation and solutions. Our focus is in energy saving measures that offer the most savings and financial incentives, creating a rapid return on investment. What sets Worldwide apart is our ability to design, install and certify our installations to qualify for the Federal tax incentives for energy efficiency, then provide the documentation necessary to secure the tax incentives. Worldwide has recently entered the renewable energy field at the request of several of our clients.