Wednesday, January 19, 2011

Renewables Trending Higher

Renewables are gaining a greater share of domestic energy production according to the latest government figure released by the U.S. Department of Energy.

That's according to the most recent issue of the Monthly Energy Review by the U.S. Energy Information Administration (EIA), which examined all energy sources to indicate renewables accounted for 11 percent of primary energy production during the first nine months of 2010 (the most recent period for which data have been released).

A similar picture is painted by the EIA's Electric Power Monthly report, which continues to show renewables reaching double digits for electricity production over the same time period. The race between renewables and nuclear power is tightening.

More specifically, renewable energy sources (i.e., biomass/biofuels, geothermal, solar, water, and wind) accounted for 10.9 percent of domestic energy production and increased by 5.7 percent compared to the same period in 2009. Meanwhile, nuclear power accounted for 11.4 percent of domestic energy production but provided 0.5 percent less energy than a year earlier.

Source:EnergyBiz

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