The health of America’s aging fleet of coal-fired power plants continues to sink to new depths. According to the latest batch of data from the U.S. Energy Information Administration (EIA), coal-fired power plants produced just over 60,000 gigawatt-hours of electricity in April 2019 or about 20% of demand. That marked the lowest level in decades. But it wasn’t the only first for the country’s energy grid.
April was the first time ever that nuclear power outproduced coal. It was also the first time ever that wind, solar, and hydropower combined to outproduce output from coal-fired facilities.
Together, zero-carbon power sources generated over 43% of total electricity in the United States. It’s just the latest data point demonstrating the shift underway in the nation’s power grid. Is your portfolio taking that into account?