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Annual BCSE Factbook Shows Advanced Energy Stood the Test of COVID

Annual BCSE Factbook Shows Advanced Energy Stood the Test of COVID
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Blockbuster 2020 for US renewables as record 16 5GW of solar deployed

‘Blockbuster’ 2020 for US renewables as record 16.5GW of solar deployed Lightsource BP’s 260MW Impact Solar project in Texas. Image: Lightsource BP. The US renewables industry overcame headwinds in 2020 to post record deployment figures and continue a decade-long growth trend, a joint report from BloombergNEF (BNEF) and the Business Council for Sustainable Energy (BCSE) has revealed. The ninth edition of the Sustainable Energy in America Factbook showed solar enjoyed its strongest year ever in the country, with 16.5GW completed, up from the previous high in 2016, while a record 33.6GW of solar and wind was built. That 16.5GW figure is down on the 19GW projection for 2020 US solar installs from a report published in December from the Solar Energy Industries Association and Wood Mackenzie. However, the new factbook said actual installations “could be higher” than its published figures.

Daily on Energy, sponsored by EFP: Congress to review Texas crisis

Print this article Subscribe today to the Washington Examiner magazine and get Washington Briefing: politics and policy stories that will keep you up to date with what s going on in Washington. SUBSCRIBE NOW: Just $1.00 an issue! PELOSI SAYS ENERGY AND COMMERCE WILL PROBE TEXAS CRISIS: Expect a lot of conversation about the Texas power grid and maybe some more renewables vs. fossil fuels bickering in Congress over the next few weeks. House Speaker Nancy Pelosi told reporters during her weekly briefing this morning that the Energy and Commerce Committee will look into the Texas power outages “to see how things could have turned out better and will turn out better in the future.”

BloombergNEF: US on track to meet Paris goals, but economic rebound could change that

Dive Brief: The U.S. cut carbon emissions by the largest margin on record during 2020, according to the ninth Sustainable Energy in America Factbook by the Business Council for Sustainable Energy and BloombergNEF. The 9% decrease in emissions puts the U.S. on track to achieve the 2025 Paris climate goal; however, a return to normal economic conditions could cause emissions to rebound, particularly as the transportation sector recovers, according to Ethan Zindler, Head of Americas for BloombergNEF. Zindler said he expected the power sector, which did not see as great a decline in demand during the pandemic, was likely to continue to decarbonize despite the likelihood of increased emissions in the future from other industries.

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