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'Major Power Milestone': US Green Groups Cheer Wind, Solar Overtaking Coal
"This historic milestone marks a significant win for clean energy advocates, for ratepayers, and for people and communities across the country," said one climate leader.
Aug 14, 2024
U.S. climate advocates this week are celebrating new federal data that show wind and solar have generated more power than coal during the first seven months of 2024 and are on track to do so for the entire calendar year.
"This is the kind of news we like to see!" Food & Water Watch said of the data on social media Tuesday. "Ensuring a livable climate for all depends on us making a swift and just transition to clean energy like wind and solar."'
The group shared reporting from E&E News, which noted that "the milestone had been long expected due to a steady stream of coal plant retirements and the rapid growth of wind and solar. Last year, wind and solar outpaced coal through May before the fossil fuel eventually overtook the pair when power demand surged in the summer."
"Renewables' growth has been driven by a surge in solar production over the last year," the news outlet continued. "The 118 terawatt-hours generated by utility-scale solar facilities through the end of July represented a 36% increase from the same time period last year, according to preliminary U.S. Energy Information Administration figures. Wind production was 275 TWh, up 8% over 2023 levels. Renewables' combined production of 393 TWh outpaced coal generation of 388 TWh."
Sierra Club executive director Ben Jealous said in a statement Wednesday that "wind and solar energy has long been the most cost-effective choice for utilities, but now it has also outpaced coal generation as the top source of energy, further demonstrating that clean energy is critical to a reliable and affordable grid."
"This historic milestone marks a significant win for clean energy advocates, for ratepayers, and for people and communities across the country that simply want to breathe clean air, drink safe water, and worry less about climate disasters like floods and wildfires," Jealous continued.
"For decades, the Sierra Club has fought to move America Beyond Coal and onto a clean, reliable, and affordable grid," he added. "To date, the Beyond Coal campaign has secured the retirement of 385 coal plants and counting, and on August 16th, we celebrate the two-year anniversary of the Inflation Reduction Act, which made historic investments in clean energy and clean energy jobs. Together, families across the country are saving money, enjoying good paying jobs, breathing clean air, and drinking safe water."
Along with celebrating the federal legislation signed in 2022 by President Joe Biden, Sierra Club highlighted a state law signed the previous year by Democratic Illinois Gov. JB Pritzker.
"Illinoisans should be proud of the work we've done to close our largest coal plants and leverage the power of clean energy to drive economic growth while reducing pollution that's harmful to public health and our planet," said Jack Darin, director of the Sierra Club's state chapter. "Thanks to the Climate and Equitable Jobs Act of 2021, Illinois workers are now building the clean energy that is replacing old, dirty fossil fuels and bringing a brighter future to communities across our state."
Celebrations over the "major power milestone" come as Americans prepare for a November presidential election in which Democratic Vice President Kamala Harris and Minnesota Gov. Tim Walz—who are endorsed by a range of climate groups—are set to face former Big Oil-backed former Republican President Donald Trump and U.S. Sen. JD Vance (R-Ohio).
During an April event in Florida, Trump told fossil fuel executives that if they invested just $1 billion into his campaign, he would gut the Biden-Harris administration's climate regulations. The Washington Postreported Tuesday that billionaire Continental Resources founder then "called other oil executives and encouraged them to attend fundraisers and open their wallets."
While Hamm is reportedly sharing Big Oil's priorities with the Trump-Vance team, their approach can be summed up by a phrase they've said on the campaign trail: "drill, baby, drill."
Although the Republican candidates have tried to distance themselves by the Heritage Foundation-led Project 2025, the right-wing policy agenda—crafted by many Trump allies—has also alarmed climate campaigners.
Noting the new energy data, Antonia Juhasz, a senior researcher on fossil fuels at Human Rights Watch, said Tuesday: "This transformation is due in large part to federal government policy which has specifically incentivized renewable energy development and deployment and increased regulation on the harms of fossil fuels. All of which are specifically targeted for removal in Project 2025."
As Common Dreamsreported earlier Wednesday, an analysis from the think tank Energy Innovation shows that a GOP administration implementing the Project 2025 plan would increase U.S. greenhouse gas emissions by 2.7 billion metric tons by 2030 compared to the current trajectory.
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A Full-Court Press for Renewables Will Save Money and the Planet
Although there are up front costs of building solar and wind farms, these new energy plants will pay for themselves over time, and by the 2040s energy will be much cheaper.
Jun 14, 2024
Last week, the International Energy Agency put out a new report that turns conventional wisdom regarding the clean energy transition on its head.
It is cheaper for everyone to adopt solar, wind, batteries, and other renewables as soon as possible than to go on depending on coal, fossil gas, and petroleum. And we’re just talking about energy costs in a vacuum here, not factoring in the climate change damage that fossil fuels do to the planet, which costs billions of dollars a year and will cost ever more as time goes on.
The report’s authors write that in China in 2023, “more than 95% of new utility-scale solar photovoltaic (PV) installations and new onshore wind capacity had lower generation costs than new coal and natural gas plants. Where electric cars and two- and three-wheelers have higher upfront costs, which is not always the case, they typically result in substantial savings because of lower operating expenses.”
Since the cost of producing electricity by solar is falling so fast, whereas petroleum prices are either stable or slated to rise, if we shift from oil to electricity we obviously are saving a lot of money.
I repeat, solar and wind had lower generation costs. And no wonder, since the cost of solar panels plummeted an astonishing 30% in 2023. And we’re only at the beginning of the transition. Between 2009 and 2019, the price of solar electricity dropped 89%. Think about the last 10 years of gasoline prices in the U.S. The average price of gasoline in 2014 was about $3 per gallon. In 2023 it was $3.52. In real terms, accounting for inflation, the price was probably about flat or down just a wee bit. Fossil fuels are remaining just as expensive as they always were, but renewables are rapidly declining in price. These declines will continue as new technologies are invented and implemented.
Although there are up front costs of building solar and wind farms, these new energy plants will pay for themselves over time, and by the 2040s energy will be much cheaper. The IEA says, “Today, around 50% of total consumer energy expenditure is on oil products, and another 35% is on electricity. In rapid energy transitions these swap places, making the price of electricity the key measure of affordability for most consumers.”
Since the cost of producing electricity by solar is falling so fast, whereas petroleum prices are either stable or slated to rise, if we shift from oil to electricity we obviously are saving a lot of money.
But, we’re going to need some major investments up front to unlock these lower prices. The report says: “As things stand, around $3 trillion is invested each year into the energy sector, of which $1.9 trillion is in a range of clean energy technologies and infrastructure. By 2035, total investments need to rise to $5.3 trillion in the NZE Scenario, with $5 trillion going to clean energy.”
The bottom line is the bill you get from your energy utility every month, and your monthly cost for transpiration fuel. The IEA observes, “Our projections highlight that rapid clean energy transitions result in lower consumer bills compared with a trajectory based on today’s policy settings.”
If we stop subsidizing fossil fuels and put the money instead into a Manhattan Project-style full-court press for renewables, in 11 years consumers could be paying 20% less for their energy, especially in the developing world.
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In Harbinger of Green Future, Spain Ran on Renewables for 9 Hours
Spaniards have been rushing to put solar panels on their roofs, now helped by E.U. subsidies and by a plummeting in the cost of the systems.
May 21, 2023
Spain, the world’s 15th-largest economy and the fourth-largest in Europe, recently ran for nine hours entirely on wind, solar, and hydro. It is not the first time the renewables supplied all of the country’s domestic electricity needs on the peninsula, but it is the first time they did so for so many hours in a row, on a weekday when demand is heavier than on the weekends, and when three of the country’s nuclear power plants were shut down for various reasons. So reports Ignacio Fariza at El Pais.
Spain, with a nominal GDP of about $1.427 trillion and a population of 47 million, is a major industrialized democracy, so this achievement is highly significant for what it tells us about the future.
Spain’s prime minister, Pedro Sánchez of the Socialist Workers’ Party, has been a booster of green energy. The Spanish right-wing had actually put punitive taxes on people with solar panels, at the behest of Big Carbon, but Sánchez’s government repealed them. Since the February 2022 Russian invasion of Ukraine and the consequent spike in fossil gas prices, Spaniards have been rushing to put solar panels on their roofs, now helped by E.U. subsidies and by a plummeting in the cost of the systems.
Spain now has one of Europe’s largest solar plants.
In 2022, the country put in 4.28 gigawatts of utility-scale solar, 2.64 gigs of distributed PV, and 1.38 gigs of wind power. That is nearly seven gigawatts of new solar in one year, and the country is not slowing down.
Spain’s total power capacity is 118 gigawatts, with wind making up 29 gigawatts or 22% of the whole. Wind is the biggest installed source of electricity now in Spain. Solar only provides about 10% of electricity, but has enormous potential for growth.
In April, though, solar supplied 22% of Spain’s electricity, and solar and wind together made up 46% of electricity production. It has been especially hot and sunny in Spain this spring, which has created water shortages and problems for farmers. Hydroelectric generation is way down. But solar is doing great business.
Spain has lots more wind and solar in the pipeline. By 2026 the country expects to have 10-15 more gigawatts of solar, and five new gigawatts of wind capacity. Although the country is planning to phase out its nuclear plants, which currently supply over a fifth of its electricity, by 2030, Spanish scientists are confident that wind, solar, hydro, and battery can take up that slack and more.
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