Renewable capability additions, particularly photo voltaic, will proceed to drive the expansion of US energy era over the subsequent two years, in accordance with the US Vitality Info Administration (EIA).
Based on its newest “Quick-Time period Vitality Outlook” (STEO), the EIA expects that US utilities and impartial energy producers will add 26 gigawatts (GW) of photo voltaic capability to the US electrical energy sector in 2025 and 22 GW in 2026.
Final yr, the electrical energy sector added a report 37 GW of solar energy capability to the electrical energy sector, nearly double the photo voltaic capability additions in 2023. The EIA forecasts wind capability additions will improve by round 8 GW in 2025 and 9 GW in 2026, slight will increase from the 7 GW added in 2024.
Producing capability for many different power sources will stay largely unchanged in 2025 and 2026. Pure gas-fired capability development slowed in 2024, with only one GW of capability added to the ability combine, however pure gasoline continues to be the biggest supply of US energy era.
The EIA forecasts that US coal retirements will speed up, eradicating 6% (11 GW) of coal producing capability from the US electrical energy sector in 2025 and eradicating one other 2% (4 GW) in 2026. Final yr, coal retirements represented about 3 GW of electrical energy capability faraway from the ability system, which is the bottom annual quantity of coal capability retired since 2011.
The EIA expects that deliberate renewable capability additions will assist many of the development in US electrical energy era, which is anticipated to extend by 2% in 2025 and by 1% in 2026. The US electrical energy sector produced a complete of 4,155 billion kilowatt-hours (kWh) of electrical energy in 2024, up 3% from 2023.
Pure gasoline. In 2024, US pure gas-fired energy crops generated a complete of 1,767 billion kWh, 4% greater than in 2023. Pure gas-fired energy accounted for round 42% of the US electrical energy combine, largely unchanged in contrast with 2023. The EIA expects pure gasoline era to say no in 2025 by 3% to 1,712 billion kWh and reduce an extra 1% to 1,692 billion kWh in 2026.
Renewables. The EIA expects renewable energy era will improve by 12% within the US to 1,058 billion kWh in 2025 and improve an extra 8% to 1,138 billion kWh in 2026. Renewable sources had been the second-largest contributor to US energy era in 2024 and accounted for 945 billion kWh, up 9% from 2023.
Nuclear. The EIA forecasts that US nuclear energy era will develop 2% to 796 billion kWh in 2025 and improve an extra 1% to 800 billion kWh in 2026. Nuclear energy era in 2024 was up barely from 2023, totaling 781 billion kWh.
Coal. Coal electrical energy era was 647 billion kWh in 2024. The EIA expects US coal energy era to stay unchanged at round 640 billion kWh in 2025 and 2026.
Learn extra: No different power supply got here near matching photo voltaic’s charge of development in 2024 – in numbers
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