John Hennessy III,
P.E.
“We’re at a point now where, with more than $44 billion last year, aggregate investment in the U.S. in renewable energy is over $370 billion…In a lot of the developed world, renewables are the biggest single infrastructure investment that’s going on. You’re actually seeing more spent on renewables than on traditional infrastructure like roads and bridges, which is a pretty big surprise.”
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AMERICAN COUNCIL ON RENEWABLE ENERGY
With the growing prominence of renewable energy in the western power, heat, and transportation sectors, states are implementing and exploring technology and policy options to effectively manage its production and use. Renewable energy is now responsible for over 20% of electricity generation in six western states, and the region saw the addition of nearly 4 GW of new renewable energy capacity in 2013 alone – which is more than two thirds of total 2013 U.S. capacity additions.
AMERICAN COUNCIL ON RENEWABLE ENERGY
With the right policy mechanisms in place, the potential of America’s clean energy economy extends beyond one fuel choice or pipeline, and provides the country with an unparalleled opportunity to reinvigorate our economy while protecting our environment. An America powered on renewable power, fuels, and thermal energy is a stronger, more secure, prosperous and cleaner America.
AMERICAN COUNCIL ON RENEWABLE ENERGY
As the single largest consumer of energy in the U.S., the Department of Defense (DoD) has embarked on an ambitious program of expanded renewable energy generation on bases and in the field, with a goal of producing 25% of its energy from renewable sources by 2025.
Renewable energy is not just a “policy objective” for the armed forces, but also an “operational imperative.” The deployable and decentralized energy production possibilities offered by renewable sources, and by enabling technologies like microgrids, have tremendous implications for the safety, security, and effectiveness of the military. Renewable energy and efficiency improvements can increase warfighter capability, enhance the energy security of its installations, and cut operational and military base energy costs.
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AMERICAN COUNCIL ON RENEWABLE ENERGY
With high electricity prices, a reliance on imported energy, and ongoing retirements of fossil fuel power plants, the Northeast has a strong incentive to develop local, renewable sources of energy. Aided by a well-established, supportive portfolio of policies in nearly every Northeastern state, the region ranks second in the nation for both solar power capacity and biomass power capacity. However, renewable energy capacity overall is lower than in the other regions profiled by ACORE’s Renewable Energy in the 50 States report, with fewer large-scale renewable energy facilities like wind farms.
AMERICAN COUNCIL ON RENEWABLE ENERGY
The Midwest’s remarkable renewable energy resources, vast agricultural land, strong manufacturing base, and leading research institutions have propelled the region to become a hub for renewable energy development. It is home to over a third of U.S. wind power capacity and 80% of U.S. biofuel production capacity. However, uncertainty about federal policy – like the production tax credit (PTC) and renewable fuels standard (RFS) – as well as transmission constraints could hinder Midwestern renewable energy capacity additions in the near term, with 2013 expected to yield only a fraction of the installations seen in previous years.
AMERICAN COUNCIL ON RENEWABLE ENERGY
The western United States’ remarkable renewable energy resource availability, supportive policies, and well-developed supply chains have transformed western states into national leaders in renewable energy development. In 2012, the region attracted about half of the country’s combined venture capital, private equity and asset finance investment in the renewable energy sector, and produced approximately 31% of its total energy generation from renewable energy sources – compared to roughly 12% nationally (sources: Bloomberg New Energy Finance (BNEF) and Energy Information Administration (EIA)).
Vice Admiral Dennis McGinn (USN, ret.) is the President of the American Council On Renewable Energy (ACORE). Topics include:
The Truth About Renewable Energy
Clean Energy Meets the Challenges
Energy Security Trust
Do We Really Need More Disasters?
Renewable Energy Knowledge Breeds Demand
AMERICAN COUNCIL ON RENEWABLE ENERGY User’s Guide OverviewThis report is intended to provide an executive summary on the status of renewable energy implementation at the state-level. To accomplish this objective, the report provides a two-page, high-level overview on the key developments that have shaped the renewable energy landscape in each state, including information on installed […]
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