Wind and solar are losing ground to gas
- Jan 1, 2021 6:15 am GMTJan 1, 2021 6:20 am GMT
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The subsidies that never die — for wind and solar power — are back. With Christmas coming on the Lame Duck Congress elected to throw untold additional billions at renewables.
What is amusing is that gas-fired power generation, a fossil fuel with no subsidy, is still growing faster than wind and solar. Far from taking over, wind and solar are actually losing ground to fossil fuels in the American power capacity mix.
The last year we have comprehensive construction data for is 2018, from the U.S. Energy Information Administration. This was a good year to use because there was a bit of a race on to build renewables before the subsidies stopped, which they were then scheduled to do. (Unfortunately, due to the Lame Ducks this is no longer true.)