[NEWS] Biomass Energy Consumption Dropped Between 2014-2015

– by Visual Capitalist, September 2, 2016, Equities.com

There are five main components that make up U.S. renewable energy: solar, wind, hydro, geothermal, and biomass.

us-energy-consumption-change_equities

The biggest sub-sector is biomass, which made up about 43% of all renewable usage in the United States in 2015. Hydro is also significant, as it is 27% of the renewable total. However, as you will see, consumption in biomass and hydro dropped between 2014 and 2015:

Biomass: -5%
Hydro: -4%
Wind: +5%
Solar: +31%
Geothermal: +4%


Even though the biomass and hydro consumption dropped, the future of renewables is in good hands. In particular, it has been the miraculous change in the price per watt of solar energy that has changed the landscape. Solar energy consumption, even though it is a relatively small number compared to other energy sources, increased by 31% in 2015.

READ MORE at Equities.com

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