NREL Reports More Energy to Green Customers in 2003

NREL Reports More Energy to Green Customers in 2003

Analysts at the Department of Energy’s National Renewable Energy Laboratory (NREL) recently reported that approximately 1,650 megawatts of new renewable energy capacity was supplying green power customers at the end of 2003. Also, the analysts pointed out, an additional 390 megawatts us currently under construction or has been announced.

Wind power constituted almost 94 percent of the new capacity. Another insight: Renewable energy credits and competitive power markers produced twice as much new capacity as utilities’ voluntary green pricing programs.