EIA: Renewables to Generate 27%% of U.S. Power by End-2026
4/08 3:52 PM
EIA: Renewables to Generate 27% of U.S. Power by End-2026
SECAUCUS, NJ (DTN) -- Renewable energy is forecast to contribute roughly 27%
of total U.S. electricity generation by late 2026, the U.S. Energy Information
(EIA) said in its annual energy outlook published Wednesday (4/8).
Solar power is expected to lead this transition, with over 40 gigawatts of
new capacity projected for installation through 2027, the EIA said.
As of April, the share of renewable energy in the U.S. power mix is
approximately at between 25.7% and 26%.
The EIA said growth in solar was becoming increasingly necessary as demand
from data centers and domestic manufacturing reached its highest levels in over
two decades.
The expansion of renewables also comes as coal-fired generation continues
its long-term decline across the national grid, the EIA said, adding that this
could contribute to a slight decrease in energy-related CO2 emissions.
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