• 3 minutes China has *Already* Lost the Trade War. Meantime, the U.S. Might Sanction China’s Largest Oil Company
  • 7 minutes Saudi and UAE pressure to get US support for Oil quotas is reportedly on..
  • 11 minutes China devalues currency to lower prices to address new tariffs. But doesn't help. Here is why. . . .
  • 15 minutes What is your current outlook as a day trader for WTI
  • 12 mins Domino Effect: Rashida Tlaib Rejects Israel's Offer For 'Humanitarian' Visit To West Bank
  • 1 hour In The Bright Of New Administration Rules: Immigrants as Economic Contributors
  • 17 hours Trump vs. Xi Trade Battle, Running Commentary from Conservative Tree House
  • 4 hours Gretta Thunbergs zero carbon voyage carbon foot print of carbon fibre manufacture
  • 4 hours Continental Resource's Hamm (Trump Buddy) wants shale to cut production.Can't compete with peers. Stock will drop in half again.
  • 16 hours US Petroleum Demand Strongest Since 2007
  • 2 mins Will Uncle Sam Step Up and Cut Production
  • 16 hours Movie Script: Epstein Guards Suspected Of Falsifying Logs
  • 1 day NATGAS, LNG, Technology, benefits etc , cleaner global energy fuel
  • 2 days Why Oil is Falling (including conspiracy theories and other fun stuff)
  • 2 days Significant: Boeing Delays Delivery Of Ultra-Long-Range Version Of 777X
  • 52 days To be(lieve) or Not To be(lieve): U.S. Treasury Secretary Says U.S.-China Trade Deal Is 90% Done
  • 5 hours Strait Of Hormuz As a Breakpoint: Germany Not Taking Part In U.S. Naval Mission
Alt Text

Low Solar Panel Prices Spark Surge In Adoption

Solar energy is experiencing a…

Alt Text

Heat Wave Pushes Texas Power Demand To Record-High

Unusually high temperatures caused a…

Ron Patterson

Ron Patterson

Ron Patterson is a retired computer engineer. He worked in Saudi Arabia for five years, two years at the Ghazlan Power Plant near Ras Tanura…

More Info

Premium Content

Renewable Energy On The Rise In U.S. Electricity Generation

(Click to enlarge)

(Click to enlarge)

The EIA released the latest edition of their Electric Power Monthly on December 22nd, with data for October 2017. The table above shows the percentage contribution of the main fuel sources to two decimal places for the last two months and the year to date.

Nuclear generated 2078 Gwh (3 percent) less than it did in September but, the decrease in the total generation meant it’s percentage contribution actually increased slightly to 20.66 percent from 20.37 percent in September. A decrease in the absolute contribution from Solar from 7384 to 6810 GWh, translated to the percentage contribution decreasing slightly to 2.13 percent from 2.21 percent in September. It is worthy of note that the percentage contribution from solar was below 2 percent in January and February only and continues to be on target to end the year with a contribution of slightly more than 2 percent, in line with the increase in capacity seen over the last twelve months. The gap between the contribution from All Renewables and Nuclear narrowed slightly as All Renewables increased to 16.69 percent as opposed to nuclear’s 20.66 percent contribution. The amount of electricity generated by Wind continued to increase, resulting in the percentage contribution increasing by 2.59 percent. The contribution from Hydro continued to decline in absolute terms but the decrease in total generation meant that, the percentage contribution remained essentially flat, declining by only 0.29 percent. The combined contribution from Wind and Solar increased to 9.89 percent from 7.38 percent in September and the contribution from Non-Hydro Renewables also increased to 11.3 percent from 8.63 percent. The contribution of zero emission and carbon neutral sources, that is, nuclear, hydro, wind, solar, geothermal, landfill gas and other biomass increased to 37.34 percent from 34.67 percent in August. Related: 2018: The Year Of The Oil Bulls

The graph below helps to illustrate how the changes in absolute production affect the percentage contribution from the various sources.

(Click to enlarge)

The graph below shows the total monthly generation at utility scale facilities by year versus the contribution from solar. The left-hand scale is for the total generation, while the right hand scale is for solar output and has been deliberately set to exaggerate the solar output as a means of assessing it’s potential to make a meaningful contribution to the midsummer peak. This October the output from solar continued to decline heading into the winter solstice. However, with solar capacity growing rapidly it can be expected to generate significantly more over the approaching winter season than was generated last winter, repeating the pattern of the past few years.

(Click to enlarge)

The graph below shows the monthly capacity additions for 2017 to date. In October 27.3 percent of capacity additions were Natural Gas. Solar added 44 percent and wind contributed 30.4 percent of new capacity. Petroleum Liquids and Batteries each had relatively minor capacity additions of 0.13 and 0.25 percent respectively. In October the total capacity added was 791.6 MW the fourth lowest monthly figure for the year so far, the months with lower amounts being May, August and September.

(Click to enlarge)

By Peak Oil Barrel

More Top Reads From Oilprice.com:




Download The Free Oilprice App Today

Back to homepage


Leave a comment

Leave a comment




Oilprice - The No. 1 Source for Oil & Energy News
Download on the App Store Get it on Google Play