Renewable capability additions, particularly photo voltaic, will proceed to drive the expansion of US energy technology over the subsequent two years, in accordance with the US Power Info Administration (EIA).
In keeping with its newest “Brief-Time period Power 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 12 months, the electrical energy sector added a file 37 GW of solar energy capability to the electrical energy sector, virtually double the photo voltaic capability additions in 2023. The EIA forecasts wind capability additions will enhance 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 progress slowed in 2024, with just one GW of capability added to the facility combine, however pure fuel continues to be the most important supply of US energy technology.
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 12 months, coal retirements represented about 3 GW of electrical energy capability faraway from the facility system, which is the bottom annual quantity of coal capability retired since 2011.
The EIA expects that deliberate renewable capability additions will help a lot of the progress in US electrical energy technology, 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 fuel. In 2024, US pure gas-fired energy vegetation 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 fuel technology 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 technology will enhance by 12% within the US to 1,058 billion kWh in 2025 and enhance an extra 8% to 1,138 billion kWh in 2026. Renewable sources have been the second-largest contributor to US energy technology in 2024 and accounted for 945 billion kWh, up 9% from 2023.
Nuclear. The EIA forecasts that US nuclear energy technology will develop 2% to 796 billion kWh in 2025 and enhance an extra 1% to 800 billion kWh in 2026. Nuclear energy technology in 2024 was up barely from 2023, totaling 781 billion kWh.
Coal. Coal electrical energy technology was 647 billion kWh in 2024. The EIA expects US coal energy technology 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 price of progress in 2024 – in numbers
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