The shift is a testament to the rapid development of solar and wind farms across the country. The two forms of power have become so cheap to build that BloombergNEF is projecting that half the world’s power may come from renewable energy by 2050.
The onslaught of clean power is coming largely at the expense of coal, which only a decade ago supplied more electricity in the US than anything else. The mining industry is collapsing even as President Donald Trump works to restore coal to its former glory by gutting environmental rules.
The clean-energy industry should enjoy this moment while it lasts. One of the main reasons coal-fired power plants produced so little in April was because some were down for routine, spring maintenance. Coal is forecast to return to its perch as the second-biggest source of electricity -- after natural gas -- as those units return to service and demand peaks this summer. Even by 2028, hydro, wind, solar and biomass are expected to have a slightly smaller combined footprint in the US than coal, according to a report this week by Fitch.
But the trend is clear: Renewable energy will continue to eclipse coal in future months as more wind and solar farms are deployed, EIA’s forecasts show.