Despite this development, fossil fuels dominate US electrical energy. A 3% enhance in whole electrical energy era throughout the US is predicted to be served primarily by photo voltaic, says a report from the Energy Information Administration (EIA).
From pv journal USA
The US Energy Information Administration (EIA) has launched its Short-Term Energy Outlook reportwhich predicts that whole electrical energy era capability within the United States will enhance by 3% in 2024 and 1% in 2025.
“Renewable vitality sources—particularly photo voltaic—will provide most of that development,” the EIA mentioned.
Solar, wind, and hydropower by 2023 mixed will account for almost 21% of electrical energy era within the United States. The EIA expects this determine to develop to 24% by 2025.
Solar is the principle driver of the vitality transition. The EIA says photo voltaic will present 41% extra electrical energy in 2024 than in 2023. The EIA mentioned 19 GW of photo voltaic capability added by 2023 and greater than 37 GW anticipated this 12 months will account for the massive generational leap. By 2025, whole photo voltaic era is predicted to develop by one other 25%.
“By 2025, we count on era from photo voltaic to exceed the contribution from hydroelectricity for the primary 12 months in historical past,” mentioned EIA Administrator Joe DeCarolis.
US electrical energy era is predicted to extend to 114 billion kWh (3% development), by 2024, with 60% of this development served by utility-scale photo voltaic. Among different renewable sources, wind contributes 19% of 2024 electrical energy development, and hydropower contributes 13%, says EIA.
Solar additionally actively reduces the quantity of pure gasoline burned for electrical energy within the United States. “The availability of extra electrical energy era from renewable sources, particularly photo voltaic, in 2024 in comparison with 2023 limits the expansion of pure gasoline consumption past the 2023 stage,” EIA mentioned.
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Despite the forecast for 3% electrical energy development this 12 months, the EIA mentioned “… we forecast that pure gasoline consumption within the electrical energy sector can be about the identical as final summer season, which noticed the biggest consumption within the electrical energy sector recorded.”
However, photo voltaic and different renewables have an extended solution to go if the United States is to achieve its objectives of a decarbonized financial system. An estimated 6% of the United States’ gross home product (GDP) is spent on vitality, the EIA mentioned. In whole, almost 5 billion metric tons of carbon dioxide are emitted by US vitality sources at the moment, and the EIA doesn’t predict a significant discount in emissions till 2025.
Currently, pure gasoline is the biggest supply of electrical energy era, contributing 42% of the vitality combine, and it’s anticipated to stay comparatively flat till 2025. The second commonest supply of era is coal by 17% in 2023, which is predicted to lower. to 14% by 2025. Wind contributes about 11%, whereas photo voltaic is predicted to rise from about 4% to about 7% of the entire vitality combine by 2025.
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