This is an excerpt from EERE Network News, a weekly electronic newsletter.

November 12, 2003

EIA Publishes "Renewable Energy Annual 2002"

DOE's Energy Information Administration (EIA) published the "Renewable Energy Annual 2002" on November 7th, summarizing advances in renewable energy use in the United States in 2002. As already noted in recent EIA reports, the new report shows that U.S. renewable energy use rose 11 percent in 2002, due mainly to increased production of hydropower. Of the other renewable energy technologies, wind power grew fastest, increasing by 56 percent in 2002.

The report includes new information on solar manufacturing activity. The shipment of photovoltaic (PV) cells and modules increased by 15 percent in 2002, to a total peak capacity of 112.1 megawatts. The average price of PV cells decreased 14 percent in 2002, to $2.12 per watt, while the cost of PV modules increased 9 percent, to $3.74 per watt. Shipments of solar thermal collectors increased by 4 percent in 2002, while prices held steady.

Geothermal heat pump shipments increased 4 percent between 2000 and 2002, but more of the units were smaller heat pumps for homes. As a result, the total heating and cooling capacity of the heat pumps that were shipped in 2002 was nearly 24 percent lower than in 2000.

See the EIA report.