About Solar power generation installed capacity in July
In its latest monthly “Energy Infrastructure Update” report (with data through July 31, 2023), FERC says 47 “units” of solar provided 1,824-MW of new U.S. generation capacity or more than two-third.
In its latest monthly “Energy Infrastructure Update” report (with data through July 31, 2023), FERC says 47 “units” of solar provided 1,824-MW of new U.S. generation capacity or more than two-third.
Solar was 69% of new capacity in July and 77% during the first seven months of 2024: Solar accounted for 76.9% of all new generation placed into service in the first seven months of 2024.
Solar-generated electricity totaled 26,785 GWh - or 6.2% of all electricity generated - and surpassed that provided by hydropower (21,500 GWh) while nearly equaling that provided by the nation’s ut.
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6 FAQs about [Solar power generation installed capacity in July]
What percentage of US generating capacity is solar & wind?
For seven of those nine months, wind was No 2. In May alone, solar comprised 78.93% of all new capacity added, followed by wind (8.69%). Solar + wind = 20.55% of US generating capacity. Just solar and wind combined now make up more than one-fifth of the US’s total available installed utility-scale generating capacity.
What percentage of new generating capacity was added in May 2024?
Renewables accounted for 94.23% of all new generating capacity added during the month of May. Solar installation is booming in 2024. New solar capacity added from January through May was more than double the solar capacity (4,885 MW) added year-over-year.
How much energy does solar provide in the US?
In July 2023, solar provided 1,824 megawatts (MW) of new US generation capacity or approximately 67.2% of the total added in the US, according to the Federal Energy Regulatory Commission (FERC) in its latest monthly “Energy Infrastructure Update” report (with data through July 31, 2023) reviewed by the SUN DAY Campaign. Natural gas provided the remaining 892 MW.
How much solar energy is installed in 2023?
The Solar Energy Industries Association, which has different definitions of “placed-in-service,” reported 40.3 GW dc of PV installed in 2023, 186.5 GW dc cumulative. The United States installed approximately 26 GW-hours (GWh)/8.8 GW ac of energy storage onto the electric grid in 2023, up 34% y/y.
What percentage of new generation is solar?
YTD, solar accounted for 73.91% of all new generation placed into service in the first five months of 2024. New wind capacity YTD was 14.51%, which accounted for most of the balance, but that was slightly less year-over-year (The same time frame in 2023 saw 2,760 MW of wind brought online.)
How big will solar power be in 2027?
However, coal, natural gas, and oil are projected to shrink by 18,386 MW, 2,785 MW, and 1,269 MW, respectively. If FERC’s current “high probability” additions materialize, by June 1, 2027, solar will account for 14.65% of the US’s installed utility-scale generating capacity, putting it at second place, behind only natural gas.