Photo voltaic & Wind Energy = 71% of New US Energy in 2022 (January–July)


Photo voltaic and wind energy proceed to dominate new energy capability in the USA. July was truly a poor month comparatively talking, with simply 56% of latest energy capability coming from renewable power sources on account of a notable fossil fuel (aka “pure fuel”) capability addition, however for the primary 7 months of the 12 months as an entire, photo voltaic and wind energy accounted for 71% of latest US energy capability and renewables general accounted for … 71%. Okay, being extra exact, photo voltaic and wind accounted for 70.6% whereas renewables general accounted for 71.0%. Clearly, photo voltaic and wind energy dominate the renewable power market as of late by way of new energy vegetation — and lead the trade as an entire.

The dangerous information is that the fossil fuel share of installations bumped up in 2022 in comparison with 2021. In 2020, fossil fuel accounted for 37% of latest energy capability within the first seven months of the 12 months. That dropped to 14% within the first seven months of 2021. It has popped up once more, this time to 29% of the market. Why are folks nonetheless turning to fuel?

It’s also possible to have a look at the huge huge image — complete put in energy capability. That takes for much longer to alter since most energy vegetation final a long time. (One caveat: we don’t have rooftop photo voltaic information for this tally.) Renewables grew from 23.2% of the market in July 2020 to 25.3% in July 2021 to 27% in July 2022. That’s spectacular market progress on this context.

Simply taking a look at photo voltaic and wind energy (mixed), they grew from 13.2% of the nation’s put in capability in July 2020 to fifteen.4% in July 2021 to 17.3% in July 2022. It’s progress. Is it sufficient progress? That’s a subject for an additional story. Notably, although, whereas this may increasingly appear gradual to a few of us, it does lend itself to a forecast of 33% of all US energy capability coming from photo voltaic and wind energy vegetation by July 2030 (not even together with rooftop photo voltaic).

The rise in share of put in energy capability is available in huge half from photo voltaic and wind energy dominating new capability additions, however it additionally comes from retirements of different energy vegetation. Be aware that coal dropped from 243.54 GW of capability in July 2020 to 220.30 GW of capability in July 2022. That’s an enormous drop in producing capability. Nuclear dropped slightly bit and oil dropped slightly bit, whereas fossil fuel elevated in capability by greater than 15 GW.

Total, non-rooftop solar energy capability grew by greater than 27 GW and wind grew by greater than 30 GW in these two years.

How do these tendencies look to you?

For a better have a look at the numbers, you’ll be able to see additional tables of the information and interactive variations of two of the above charts over on CleanTechnica Pro.

I’ve to notice an odd factor within the information that I simply seen. The month-to-month numbers from FERC concerning solar energy (large-scale solar energy initiatives) don’t add as much as the year-to-date new energy capability for photo voltaic. That situation begins in February (which means that 1,079 MW of photo voltaic have been put in in January regardless of the January report exhibiting solely 95 MW have been put in), and I don’t see any clarification for it. So, in brief, one thing complicated is occurring right here.

Additionally see earlier US power capacity reports.


 

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