Windpower Engineering & Development

  • Home
  • Articles
    • Most recent posts
    • News
    • Featured
  • Resources
    • Digital issues
    • Podcasts
    • Suppliers
    • Webinars
    • Events
  • Videos
  • 2025 Leadership
    • 2024 Winners
    • 2023 Winners
    • 2022 Winners
  • Magazine
  • Advertise
  • Subscribe

Gas, wind contribute bulk of new capacity additions in 2014

By Paul Dvorak | January 30, 2015

This introduction comes from a report from SNL by Parth Shah

New generating capacity added to the aging U.S. fleet in 2014, at 15,450 MW, was slightly more than the 15,028 MW added the year before.

New generating capacity added to the aging U.S. fleet in 2014, at 15,450 MW, was slightly more than the 15,028 MW added the year before.

New generating capacity added to the aging U.S. fleet in 2014, at 15,450 MW, was slightly more than the 15,028 MW added the year before.

Looking at 2014’s new capacity by fuel type, slightly more than half, or 7,902 MW, was gas-fired. Almost 92% of the new gas-fired capacity coming online was at combined-cycle facilities. A number of new gas plants were built as replacements to older, usually coal-fired units that were retired.

Wind accounted for the second-largest amount of capacity added, almost 3,815 MW during the year. As wind developers rushed to capitalize on the brief extension of the production tax credit, the month of December saw almost one-third of all of 2014’s wind capacity additions. According to the American Wind Energy Association, the levelized cost of energy from wind sources has declined 58% over the past five years, and this plus increasing capacity factors have been the most significant factors driving increased wind installations.

New solar capacity in 2014 totaled 3,240 MW. Solar installations also benefited from decreasing system costs in 2014. According to data from the Solar Energy Industries Association, the national weighted-average system cost for residential and utility-scale solar facilities declined nearly 4%.

For the full report: http://goo.gl/NLgv3M

SNL
www.snl.com


Filed Under: News
Tagged With: snl
 

About The Author

Paul Dvorak

Related Articles Read More >

Richardson Electronics to deliver pitch energy modules to TransAlta wind fleets
Equinor halts work on Empire Wind offshore project after federal government order
ARESCA wants input on offshore wind standards
US wind market has worst install year since 2013

Podcasts

Wind Spotlight: Looking back at a year of Thrive with ZF Wind Power
See More >

Windpower Engineering & Development Digital Edition

Digital Edition

Browse the most current issue of Windpower Engineering & Development and back issues in an easy to use high quality format. Clip, share and download with the leading wind power engineering magazine today.

Windpower Engineering & Development
  • Wind Articles
  • Solar Power World
  • Subscribe to Windpower Engineering
  • About Us/Contact Us

Copyright © 2025 WTWH Media LLC. All Rights Reserved. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of WTWH Media
Privacy Policy | Advertising

Search Windpower Engineering & Development

  • Home
  • Articles
    • Most recent posts
    • News
    • Featured
  • Resources
    • Digital issues
    • Podcasts
    • Suppliers
    • Webinars
    • Events
  • Videos
  • 2025 Leadership
    • 2024 Winners
    • 2023 Winners
    • 2022 Winners
  • Magazine
  • Advertise
  • Subscribe