Solar soars as renewables chip away at American power kingpin gas

US electricity generation from renewable sources will increase to 23% in 2023 from 20% last year, as solar and wind begin to erode the leading market share of natural gas, according to a new report from the Energy Information Administration (EIA).

That shift, if lasting, would end the steady market gains of natural gas that began in 2014, enabling it to surpass coal two years later as the leading generation source in the world’s largest electricity market. Renewables will take 22% of the US power market this year.

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Source: RECHARGE

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