US generation projected to rise 3% this year, mostly driven by solar

US electricity generation is expected to increase by 3% – 121B kilowatthours – this year compared to 2023, largely driven by solar power

U.S. electricity generation is expected to increase by 3% – 121 billion kilowatthours (BkWh) – this year compared to 2023, largely driven by solar power, and natural gas to a lesser extent, according to Short-Term Energy Outlook analysis from the U.S. Energy Information Administration (EIA).

“Significant” capacity expansions are driving the increase in solar generation, EIA said, with solar accounting for 59% of U.S. generating capacity additions in the first half of 2024. The increase in solar capacity was also supported by the development of new battery storage capacity, EIA said.

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Source: Renewables Energy World

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