A assessment by the SUN DAY Marketing campaign of data just released by the U.S. Energy Information Administration (EIA) confirms that all through 2024, photo voltaic remained the nation’s quickest rising supply of electrical energy as the combo of all renewables elevated their output by virtually 10% and supplied virtually 1 / 4 of the full.
Key Yr-to-Date (YTD) Tendencies for Photo voltaic:
In its newest month-to-month “Electrical Energy Month-to-month” report (with knowledge by means of December 31, 2024), EIA says the mix of utility-scale and “estimated” small-scale (e.g., rooftop) photo voltaic elevated by 26.9% in 2024 in comparison with the identical interval in 2023.
Utility-scale photo voltaic thermal and photovoltaic expanded by 32.0% whereas small-scale photo voltaic PV elevated by 15.3%. Collectively, photo voltaic was practically 7.0% (6.91%) of whole U.S. electrical technology for the 12 months.
In December alone, electrical technology by utility-scale photo voltaic expanded by 42.0% in comparison with December 2023.
Small-scale photo voltaic (i.e., programs <1-MW) accounted for 27.9% of all photo voltaic technology and supplied 1.9% of U.S. electrical energy provide in 2024.[1]
Actually, small-scale photo voltaic PV is now producing practically twice as a lot electrical energy as utility-scale biomass in addition to over 5 instances extra electrical energy than both utility-scale geothermal or the combo of petroleum liquids and coke.
Key 2024 Milestones for the Mixture of Renewables:
{The electrical} output of the nation’s wind farms in 2024 was 7.7% greater than that of a 12 months in the past. Wind stays the most important supply {of electrical} technology amongst renewable vitality sources, accounting for 10.3% of the nation’s whole.
The mixture of wind and photo voltaic supplied greater than 17.2% of the nation’s electrical technology throughout 2024.
The combo of all renewables (i.e., wind and photo voltaic plus hydropower, biomass and geothermal) supplied 24.2% of whole U.S. electrical energy manufacturing in 2024 in comparison with 23.2% {of electrical} output a 12 months earlier.
Between January and December, electrical technology by renewables grew by 9.6% in comparison with the identical interval the 12 months earlier than — practically thrice the expansion price of pure fuel (3.3%) and over ten instances that of nuclear energy (0.9%).
In December alone, electrical technology by renewables grew by 10.1% in comparison with December 2023.
Different Noteworthy Developments:
Throughout 2024, wind out-produced hydropower by 87.2% whereas photo voltaic technology surpassed hydropower by 25.2%. [2]
Additional, in the course of the 12 months, the mix of wind and photo voltaic produced 15.9% extra electrical energy than did coal and got here near matching nuclear energy’s share of whole technology (17.2% vs. 17.8%).
The combo of renewables strengthened their place because the second largest supply {of electrical} technology, behind solely pure fuel.
“Renewable vitality sources now present 1 / 4 of the nation’s electrical energy,” famous the SUN DAY Marketing campaign’s govt director Ken Bossong. “Consequently, the rash efforts of the Trump Administration to undermine wind, photo voltaic, and different renewables can have severe adverse penalties for the nation’s electrical energy provide and the financial system.”
Information merchandise from the SUN DAY Marketing campaign
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