Washington DC – According to a review by the SUN DAY Campaign of data just released by the U.S. Energy Information Administration (EIA), renewable energy sources (i.e., biomass, geothermal, hydropower, solar, wind) provided more than a quarter of the nation’s electrical generation during the first half of 2022.
The latest issue of EIA’s “Electric Power Monthly” report (with data through June 30, 2022) reveals that in the first six months of 2022, renewable energy sources (including small-scale solar systems) increased their electrical output by nearly a fifth (18.45%) compared to the same period a year earlier and provided 25.23% of total U.S. electrical generation.
For the six months, wind-generated electricity increased by 24.67% and provided 11.55% of total electrical generation. Meanwhile, solar sources grew by 27.72% and provided 4.94% of the nation’s electrical output. In June alone, solar accounted for 5.70% of U.S. electrical generation.
Taken together, renewable energy sources comfortably out-produced both coal and nuclear power by 28.76% and 38.81% respectively. The combination of just wind and solar generated almost as much as the nation’s nuclear power plants (344,685 gigawatthours (GWh) vs. 379,927 GWh) and, actually out-produced nuclear in the month of April.
The mid-year statistics suggest that renewables may be on track to surpass EIA’s forecast for electrical generation by renewables in 2022.
EIA has projected that renewable energy sources will provide 22% of U.S. electrical output this year.
Including that generated by distributed solar, renewables provided 22.3% last year and 24.4% in the first quarter of this year. At the year’s halfway point, renewables have already surpassed 25%.
“Renewables seem poised to once again out-perform official government forecasts,” noted the SUN DAY Campaign’s executive director Ken Bossong. “Now providing one-quarter of the nation’s electrical output, it is conceivable that with the incentives provided by the new Inflation Reduction Act, wind, solar, and other renewables will reach the one-third point within the next few years and dominate electrical generation thereafter.”
—
Article provided by the The SUN DAY Campaign
Comments