How Utilities Are Powering Up Clean Energy
In Benchmarking Utility Clean Energy Deployment: 2016, Ceres takes a closer look at the clean energy progress that’s been made by the largest electric utilities in the United States. The 30 holding companies evaluated in the report represent 119 electric utility subsidiaries located throughout the U.S., collectively accounting for nearly 60 percent of total U.S. electric industry sales in 2014.
Worldwide momentum towards clean energy has never been greater. The historic global Climate Agreement, forged by 195 countries in December 2015, punctuated a year in which global clean energy investments and renewable energy installations in the U.S. reached all-time highs. The U.S. power industry as a whole is transitioning toward lower carbon fuel sources.
Top performing utilities on renewable energy and energy efficiency were largely located in states with more ambitious clean energy policy goals such as California, Minnesota, Massachusetts, New York, and Oregon. The wide variability in performance across regions points to the need for implementation of the U.S. Environmental Protection Agency’s Clean Power Plan to level the playing field for all electric utilities as they accelerate their transition to clean energy resources.
Other key findings include:
- Two of the Clean Power Plan’s key approaches to compliance, energy efficiency, and renewable energy, are increasingly economically feasible options for electric utilities.
- Renewable energy will represent most new U.S. utility-scale electric capacity additions in both 2015 and 2016.
- Performance in the benchmarking report is not the only measure of clean energy leadership, which also includes such things as a utility’s level of support for clean energy policies.
For information on clean energy indicators and methodology, download the full report: Benchmarking Utility Clean Energy Deployment 2016.
Download the Benchmarking Utility Clean Energy Workbook, which contains sortable spreadsheets of the data.
Download the full report: Benchmarking Utility Clean Energy Deployment 2016.
View the press release.
Note: This version of the report includes updated renewable energy data for American Electric Power shown in Figure 10.