{"id":9166,"date":"2015-01-06T13:43:10","date_gmt":"2015-01-06T19:43:10","guid":{"rendered":"http:\/\/blogs.edf.org\/energyexchange\/?p=9166"},"modified":"2015-01-06T13:45:18","modified_gmt":"2015-01-06T19:45:18","slug":"why-2015-is-the-year-for-clean-energy-in-the-u-s-and-china","status":"publish","type":"post","link":"https:\/\/blogs.edf.org\/energyexchange\/2015\/01\/06\/why-2015-is-the-year-for-clean-energy-in-the-u-s-and-china\/","title":{"rendered":"Why 2015 is the Year for Clean Energy in the U.S. and China"},"content":{"rendered":"

\"https:\/\/www.flickr.com\/photos\/solarwindtec\/7800628878\/in\/photolist-dXjdBi-anWxfb-dgWcSW-dgZvkB-7hJAVA-oADrZt-4QEpJW-cTjgcm-peEhiU-dgYUsC-pkqkDK-mDanui-9heXvG-9hbP4n-5om1Mv-fK8tQM-81zuQr-nChZ1E-9agPX3-8mBp5i-awgMXU-55CNL1-boqXjN-4JJdcJ-eaJzoj-6xGhiZ-cbVJd1-jryJPW-8rUQ8b-4QpriF-cTjcNQ-cTjg29-bpgZbn-36jEtS-36fbZT-36fbF6-36jETW-36jNXo-36jQF1-36fdKr-36fdXB-36fddR-36jMmd-36f2V4-36jHf1-36f9Ka-36jJsQ-36jNjW-36f8Y8-36f6Xc\"<\/a>With a new year comes new promises and new opportunities \u2013 and that also goes for the United States and China, the world\u2019s biggest climate polluters.<\/p>\n

The good news is both nations appear ready to embrace solar and other renewables, investments that will cement their\u00a0recent, bilateral agreement<\/a>\u00a0to tackle climate change.<\/p>\n

Here are five signs renewables will finally gain traction in China and the U.S. in 2015 and continue to grow in coming years:<\/p>\n

    \n
  1. China’s solar investments are not slowing down.<\/strong><\/li>\n<\/ol>\n

    Even in the very near-term, China is poised for\u00a0dramatic solar adoption<\/a>. The country was rushing to build 10 gigawatts of solar photovoltaic projects in the fourth quarter of 2014 alone, enough to power more than 7.5 million homes.<\/p>\n

    And 2015 shows no signs of slowing down, as China and other solar energy markets across the world are expected to continue to gain ground.<\/p>\n

      \n
    1. Cost of solar panels in China is plummeting.<\/strong><\/li>\n<\/ol>\n

      It\u2019s easy to understand why solar is on the rise.<\/p>\n

      For years now, Chinese photovoltaic module costs have steadily declined. Five of China\u2019s largest module makers, which made up 27 percent of all 2013 shipments, reported a14-percent drop in production<\/a>\u00a0cost that year.<\/p>\n

      What’s more, solar panel cost reductions aren\u2019t going to stop any time soon. By 2020, multi-crystalline silicon modules, a common and inexpensive solar panel type, are projected to drop 30 percent.<\/p>\n

        \n
      1. Materials are in ample supply.<\/strong><\/li>\n<\/ol>\n

        You can\u2019t make solar panels out of any old scraps of metal you find floating around. Fortunately the materials needed are readily available.<\/p>\n

        By the end of 2014, manufacturers were expected to produce 288,000 tons of polysilicon, a raw material that\u2019s a central component of solar panel production.<\/p>\n

          \n
        1. Utilities are already greening their fleets.<\/strong><\/li>\n<\/ol>\n

          Don\u2019t think the U.S. is missing out on the\u00a0clean energy<\/a>\u00a0boom.<\/p>\n

          Forty-five percent of all new electric generating capacity installed during the first three quarters of 2014 came from renewable sources.<\/p>\n

          A confluence of factors \u2013 the cost of renewable energy sources plummeting, the retirement of outdated coal plants, and the natural gas boom\u00a0\u2013\u00a0illustrate that the country\u2019s power sector is\u00a0ripe for a transition<\/a>.\u00a0By 2030,\u00a0one-quarter of U.S. fossil-fuel plants are expected to close.<\/p>\n

          It means we\u2019ll\u00a0switch to a cleaner energy portfolio<\/a>\u00a0that will drastically reduce our greenhouse gas emissions over the next 15 years.<\/p>\n

            \n
          1. Renewable energy is cost-competitive.<\/strong><\/li>\n<\/ol>\n

            Without even considering the massive reduction in greenhouse gases that renewable energy sources provide, adoption of clean energy resources is becoming a simple matter of dollars and cents. Wind and solar are going to cost less; wholesale, traditional power prices are going to go up.<\/p>\n

            A recent\u00a0study<\/a>\u00a0found that by building on the progress we’ve made so far, the United States can get 23 percent of its energy from clean sources by 2030 by investing “just a fraction” above business as usual.<\/p>\n

            The outlook for China is\u00a0just as good<\/a>.<\/p>\n

            On the right track<\/strong><\/p>\n

            We have a long way to go before China and the U.S. commit to the deep greenhouse gas reductions we need to avoid the worst outcomes of climate change. But make no mistake: There are signs of real progress in both countries.<\/p>\n

            Photo source: Flickr\/Solar Wind Technology<\/a><\/em><\/p>\n

            This post originally appeared on our EDF Voices blog<\/a>.\u00a0<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

            With a new year comes new promises and new opportunities \u2013 and that also goes for the United States and China, the world\u2019s biggest climate polluters. The good news is both nations appear ready to embrace solar and other renewables, investments that will cement their\u00a0recent, bilateral agreement\u00a0to tackle climate change. Here are five signs renewables …<\/p>\n","protected":false},"author":6570,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[42996,177],"tags":[824],"coauthors":[],"class_list":["post-9166","post","type-post","status-publish","format-standard","hentry","category-smart-power","category-renewable-energy","tag-china"],"acf":[],"yoast_head":"\nWhy 2015 is the Year for Clean Energy in the U.S. and China - Energy Exchange<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/blogs.edf.org\/energyexchange\/2015\/01\/06\/why-2015-is-the-year-for-clean-energy-in-the-u-s-and-china\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Why 2015 is the Year for Clean Energy in the U.S. and China - Energy Exchange\" \/>\n<meta property=\"og:description\" content=\"With a new year comes new promises and new opportunities \u2013 and that also goes for the United States and China, the world\u2019s biggest climate polluters. 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