Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil EL&P Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries EIA: Renewables will make up 23% of U.S. electric power generation next year By: Geothermal Energy RSS Feed August 11, 2021 at 08:15 AM EDT Electric power generated from renewable energy sources in the U.S. will rise to nearly 23% in 2022, according to short-term guidance released Tuesday by the U.S. Energy Information Administration (EIA). Electric power generated from renewable energy sources in the U.S. will rise to nearly 23% in 2022, according to short-term guidance released Tuesday by the U.S. Energy Information Administration (EIA).Renewables – including wind, hydroelectric, solar, biomass, and geothermal energy – became the second-most prevalent U.S. electricity source in 2020, trailing only natural gas. New additions of solar and wind generating capacity in 2021 were offset by reduced generation from hydropower in 2020, according to EIA, keeping the renewable share of electricity generation flat from 2020 to 2021.Findings from EIA’s August short-term outlook:Estimate +14.7 GW of new wind capacity in 2020, +17.6 GW in 2021, and +6.3 GW in 2022Estimate +10.6 GW utility-scale solar in 2020, +16.2 GW in 2021, and +16.6 GW in 2022Estimate +10 GW small-scale solar capacity from 2021-2022Expect significant solar capacity increases in TexasSubscribe to Renewable Energy World’s free, weekly newsletter for more stories like this Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. By accessing this page, you agree to the following Privacy Policy and Terms and Conditions.
EIA: Renewables will make up 23% of U.S. electric power generation next year By: Geothermal Energy RSS Feed August 11, 2021 at 08:15 AM EDT Electric power generated from renewable energy sources in the U.S. will rise to nearly 23% in 2022, according to short-term guidance released Tuesday by the U.S. Energy Information Administration (EIA). Electric power generated from renewable energy sources in the U.S. will rise to nearly 23% in 2022, according to short-term guidance released Tuesday by the U.S. Energy Information Administration (EIA).Renewables – including wind, hydroelectric, solar, biomass, and geothermal energy – became the second-most prevalent U.S. electricity source in 2020, trailing only natural gas. New additions of solar and wind generating capacity in 2021 were offset by reduced generation from hydropower in 2020, according to EIA, keeping the renewable share of electricity generation flat from 2020 to 2021.Findings from EIA’s August short-term outlook:Estimate +14.7 GW of new wind capacity in 2020, +17.6 GW in 2021, and +6.3 GW in 2022Estimate +10.6 GW utility-scale solar in 2020, +16.2 GW in 2021, and +16.6 GW in 2022Estimate +10 GW small-scale solar capacity from 2021-2022Expect significant solar capacity increases in TexasSubscribe to Renewable Energy World’s free, weekly newsletter for more stories like this