Green Technology

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

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

The unhealthy 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 yr. 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?

You can even take a look at the huge huge image — whole put in energy capability. That takes for much longer to vary since most energy vegetation final many years. (One caveat: we don’t have rooftop photo voltaic knowledge 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 will 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. Word that coal dropped from 243.54 GW of capability in July 2020 to 220.30 GW of capability in July 2022. That’s a large drop in producing capability. Nuclear dropped a little bit bit and oil dropped a little bit bit, whereas fossil fuel elevated in capability by greater than 15 GW.

General, 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 traits look to you?

For a more in-depth take a look at the numbers, you’ll be able to see further tables of the info and interactive variations of two of the above charts over on CleanTechnica Professional.

I’ve to notice an odd factor within the knowledge that I simply observed. The month-to-month numbers from FERC relating to solar energy (large-scale solar energy tasks) don’t add as much as the year-to-date new energy capability for photo voltaic. That situation begins in February (which suggests that 1,079 MW of photo voltaic had been put in in January regardless of the January report displaying solely 95 MW had 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 energy capability experiences.


 

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