YOUR BUSINESS AUTHORITY

Springfield, MO

Home
Digital Edition
Events
Industries
Opinion
Podcasts
Photo Galleries
News Features
Sponsored Content

Log in Subscribe

New power added to grids in 2015 was mostly renewable

Posted online February 8, 2016 | 12:31 pm

A new report from Bloomberg New Energy Finance and the Business Council for Sustainable Energy shows renewable energy accounted for the majority of new power added to the U.S. power grid for the second year in a row.

Clean energy investment was $56 billion in 2015 – up 7.5 percent from $51.8 in 2014. According to Fortune, renewable investments 10 years ago totaled $15 billion.

As clean energy benefited from government incentives and declining costs, the Energy Information Administration reported the number of coal plants and total coal production continued a downward trend started in 2008.

Read more from Fortune.

Comments

No comments on this story |

Please log in to add your comment

More from SBJ Daily Update

Efactory, Missouri SBDC partner with Great Game to expand biz training

Editors' Pick

Court Connection: New pickleball paddle retailer connects with OMB Bank on partnership

An Ozark resident is aiming to serve up retail sales with a focus on the rapidly growing sport of pickleball.

Most Read

Billy Long faces scrutiny over recent donations

Curb Appeal: Nearly $4M residence among 27 listings in March

KC developer sentenced to prison for fraud

New Plaza Towers owner revives vision for landmark building

Columbia projected to spend 80% of cash reserves by 2031

Barc-ee's, now closed, to return in some form

Pope Francis dies at 88

SBJ.net Poll

Which Springfield city manager candidate do you favor for the role?

*

Update cookies preferences