A new report from Navigant Research covers developments in the wind energy sector during 2014, including an analysis of the important changes in the industry over the last three years and the global market forecasts through 2019. Fueled by the policy-driven acceleration of installations in three key countries—China, Germany, and the United States—the global wind…
Non-hydro renewable electricity grows 11% in 2014, with wind up by 8.3%
According to the U.S. Energy Information Administration (EIA)’s latest “Electric Power Monthly” report, with data through the end of 2014, net electrical generation from non-hydro renewable energy sources (i.e., biomass, geothermal, solar, wind) increased by 10.9% over the previous year. The contribution to net electrical generation by just solar more than doubled (102.8%), while wind…
Wind was largest source of new electricity in 2014
American wind power added significantly more new electricity than any other resource in 2014, according to U.S. Department of Energy data. Wind power generated 4.4% of all the electricity in America in 2014 and maintained its position as the fifth largest electricity source in the U.S., according to the latest data from the U.S. Department…
Pattern Energy reports fourth quarter and full year 2014 financial results
Pattern Energy Group Inc. announced its financial results for the fourth quarter and full year of 2014. Highlights (Comparisons made between fiscal 2014 and fiscal 2013 results, unless otherwise noted) Cash available for distribution (CAFD) of $62.1 million, up 46% Adjusted EBITDA of $198.1 million, up 40% Proportional GWh sold of 2,915 GWh, up 65%…
Wind generates more than 10% of Texas electricity in 2014
In 2014, more than 10% of the electricity used in the grid covering most of Texas came from wind generation, according to the grid’s operator, the Electric Reliability Council of Texas (ERCOT). Wind’s share of the ERCOT generation mix grew from 6.2% in 2009 to 10.6% in 2014, as total electricity generation increased over the…