Monday, December 27, 2010

Renewal Ebergy Accounted for 92% of Power Plant Projects in 2010

According to the Edison Electric Institute, renewable energy accounted for 92 percent of all projects that were announced during the first seven months of 2010. In addition, 6,800 megawatts of coal generation were  canceled or postponed through the end of September, compared to a total of 11,500 megawatts in 2009. EEI said twice as much coal-fired capacity came online this year as in 2009 from construction projects that had started several years ago.

According to the Sierra Club, 38 coal plant projects were dropped or delayed in 2010 compared to 26 in 2009 and 27 in 2008. The retirements announced this year would take 4 percent of the nation's total coal-fired capacity off the grid.

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