EIA predicts renewable power will comprise 22% of US electric power in 2022

Breanne Deppisch

August 17, 06:50 PM August 17, 06:50 PM

Renewable vitality generation is expected to comprise almost a single-quarter of U.S. electrical power this calendar year, according to a new report from the Strength Data Administration — a trend it expects to keep on as additional renewables, these kinds of as wind and solar, come on the net.

In accordance to the EIA’s limited-expression strength outlook, energy generated from renewable sources such as hydropower, wind, and photo voltaic will most likely account for 22% of U.S. electric power technology by the conclusion of the 12 months. This is up from 20% in 2020 and 2021. In 2023, the company expects renewables to account for 24% of total U.S. energy generation.

That improve is predicted to be pushed mainly by a rise in wind and solar era, according to the EIA report, which also predicted an maximize in the retirement of some technology sources, these as coal and nuclear, in some pieces of the United States.

The two U.S. locations that saw the greatest shares of renewable era in 2021 ended up the Northwest, where renewables comprised about 50 % its electricity generation, and California, where renewables accounted for a slightly more compact 44%, the report claims.

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The Southwest has found the most development in renewables above the previous ten years, EIA said, owing in substantial aspect to wind technology. The report noted that in 2013, just 13% of the region's electricity came from renewables. That more than doubled to 40% final yr and is expected to boost to 44% by 2023.

The Electrical Dependability Council of Texas, or ERCOT, also ramped up its renewable energy about the earlier ten years, with its renewable creating ability soaring from just 10% in 2013 to 32% in 2022.

The report arrives as President Joe Biden signed into legislation the Inflation Reduction Act on Tuesday, cementing the passage of what Democrats have hailed as the greatest-at any time local weather action in U.S. heritage.

The new legislation will pour approximately $370 billion into power stability and efforts to fight local climate alter, like by supplying tax credits for businesses and people transitioning to cleanse strength.