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Posted January 24, 2025New solar plants expected to support most U.S. electric generation growth ›
Note: Capacity values represent the amount of generating capacity at utility-scale power plants (greater than 1 megawatt). Other renewables include geothermal, waste biomass, wood biomass, and pumped storage hydropower.
In our latest Short-Term Energy Outlook (STEO), we expect that U.S. renewable capacity additions—especially solar—will continue to drive the growth of U.S. power generation over the next two years. We expect U.S. utilities and independent power producers will add 26 gigawatts (GW) of solar capacity to the U.S. electric power sector in 2025 and 22 GW in 2026. Last year, the electric power sector added a record 37 GW of solar power capacity to the electric power sector, almost double 2023 solar capacity additions. We forecast wind capacity additions will increase by around 8 GW in 2025 and 9 GW in 2026, slight increases from the 7 GW added in 2024.
More ›Previously in Today in Energy
What's New
- Electric Power Monthly
- Jan 24, 2025
- Wholesale Electricity and Natural Gas Market Data
- Jan 23, 2025
- State Energy Data System: Electricity and energy indicators through 2023
- Jan 17, 2025
- More
-
Coming Up
- Annual Solar Photovoltaic Module Shipments Report
- Coal Transportation Rates to the Electric Power Sector
- More
Top Picks
Data Highlights
- 1/23/2025
- Wind and solar combined share of generation
- 14.4
- %
-
41.4%
from year earlier
- 1/23/2025
- Daily electric power demand
- 13295
- GWh
-
2.0%
from year earlier
- 1/21/2025
- Natural gas spot prices
- $4.40
- /million Btu
-
$0.074 /million Btu
from week earlier -
$2.247 /million Btu
from year earlier
- 1/17/2025
- Brent spot prices
- $83.02
- /barrel
-
$3.26 /barrel
from week earlier -
$2.31 /barrel
from year earlier
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