FERC figures shows US solar capacity could surpass natural g

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FERC figures shows US solar capacity could surpass natural gas by 2030

[ https://www.pv-magazine.com/2023/10/20/ ... s-by-2030/ ]

The US Federal Energy Regulatory Commission’s (FERC) project pipeline data shows that solar could feasibly push out natural gas as the No. 1 electricity source by 2030.

OCTOBER 20, 2023 RYAN KENNEDY

FERC's new energy infrastructure report shows that solar holds the largest share of capacity additions in the energy mix in the United States.

In the January-August period, just under 9 GW of solar capacity was added, representing 40.5% of all capacity additions. This represents 36% growth year on year.

Wind power provided an additional 2.7 GW, accounting for about 12.5% of new capacity additions. When including solar, wind, hydropower, geothermal, and biomass, renewable energy sources contributed 54.3% of capacity additions.

Much growth lies ahead for decarbonized energy to push out fossil fuel sources. For total available installed generating capacity, natural gas remains the leader. More than 44% of available electricity generation capacity comes from natural gas, followed by coal, wind, hydropower, and solar.

FERC forecasts strong growth in solar for years to come. It expects more than 83 GW of “high probability” solar capacity additions through August 2026. This dwarfs the 4 GW of natural gas additions expected through that date. . . . .

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