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EIA Report Finds Solar & Battery Storage To Make Up 81% Of New U.S. Electric-Generating Capacity In 2024
From EIA Report:
Solar. “We expect a record addition of utility-scale solar in 2024 if the scheduled 36.4 GW are added to the grid. This growth would almost double last year’s 18.4 GW increase, which was itself a record for annual utility-scale solar installation in the United States. As the effects of supply chain challenges and trade restrictions ease, solar continues to outpace capacity additions from other generating resources.
More than half of the new utility-scale solar capacity is planned for three states: Texas (35%), California (10%), and Florida (6%).”
Battery storage. We also expect battery storage to set a record for annual capacity additions in 2024. We expect U.S. battery storage capacity to nearly double in 2024 as developers report plans to add 14.3 GW of battery storage to the existing 15.5 GW this year. In 2023, 6.4 GW of new battery storage capacity was added to the U.S. grid, a 70% annual increase.
EIA Report (02/15/2024)
