In 2024, the U.S. power industry is choosing clean energy for almost all its new capacity additions. The latest federal forecast for power plant additions from the U.S. Energy Information Administration shows solar sweeping with 58% of all new utility-scale generating capacity this year. In an upset, battery storage will provide the second-most new capacity, with 23%. Wind delivers a modest 13%, while the long-delayed final nuclear reactor at Vogtle in Georgia will add 2% of new capacity.
U.S. Energy Information Administration
This impressive stretch began on March 25, when utility-scale solar, wind and hydro collectively produced more electricity than coal-fired generation, and has continued for at least 40 straight days through May 3, the EIA’s Hourly Electric Grid Monitor shows.
The U.S. Energy Information Administration also believes that around 13.7 GW of coal was retired in 2018, the second-highest amount of coal capacity retired in a year.
The U.S. Energy Information Administration (EIA) expects wind energy capacity to increase from 96 GW at the end of 2018 to 107 GW by the end of 2019, and 114 GW by the end of 2020.