There are a lot of changes taking place in the world’s energy supplies. We seem to read announcements almost every day about coal plant retirements, and solar and wind farm installations. Yet, when you look at power projections put out by the experts, coal-fired generation remains prevalent in the mix beyond 2050, even as renewable resources slowly climb in the rankings.
Growth in Renewables Is Undeniable
In the U.S. Energy Information Administration’s (EIA’s) Short-Term Energy Outlook (STEO) released in December, it was reported that 14.6 GW of new wind capacity was added in the U.S. in 2020.