Antinuclear

EIA reports that planned installations for 2016 include 9.5 gigawatts of utility-scale solar — followed by 8 gigawatts (or 8 billion watts) of natural gas and 6.8 gigawatts of wind. This suggests solar could truly blow out the competition, because the EIA numbers are only for large or utility-scale solar arrays or farms and do not include fast-growing rooftop solar, which will also surely add several additional gigawatts of capacity in 2016.

In other words, U.S. solar seems poised for not just a record year but perhaps a blowout year. Last year, in contrast, solar set a new record with 7.3 gigawatts of total new photovoltaic capacity across residential, commercial, and utility scale installations.

“If actual additions ultimately reflect these plans, 2016 will be the first year in which utility-scale solar additions exceed additions from any other single energy source,” says EIA……….

“2016 is going to be a huge year, and then we’re going to continue to see big years over the next 5,” he [Nathan Serota, a solar industry analyst with Bloomberg New Energy Finance] said. Granted, solar could still face some headwinds, particularly from the competition offered by extremely low natural gas prices.

In the grand scheme, the tax credits for solar, as well as an extension of the production tax credit for wind, could serve as a kind of “bridge” into an era in which the Obama administration’s Clean Power Plan is operating — or at least, so the current administration hopes. Granted, that depends on whether that plan survives its current legal challenges.

A recent report from the National Renewable Energy Laboratory found that due to the tax credit extensions, the U.S. will add 53 additional gigawatts of renewable energy capacity by the year 2020. https://www.washingtonpost.com/news/energy-environment/wp/2016/03/02/solar-energy-is-poised-for-an-unforgettable-year/