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ALLAH SNACKBAR!
- Mar 3, 2006
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People say "no future," "not economical."
But in fact Solar is the cheapest form of power generation in the right scenarios and had a stunning year in 2023,
and appears it will again in 2024.
FEBRUARY 15, 2024
Solar and battery storage to make up 81% of New U.S. electric-generating capacity in 2024
U.S. planned utility-scale electric-generating capacity additions.
Data source: U.S. Energy Information Administration, Preliminary Monthly Electric Generator Inventory, December 2023
Developers and power plant owners plan to add 62.8 gigawatts (GW) of new utility-scale electric-generating capacity in 2024, according to our latest Preliminary Monthly Electric Generator Inventory. This addition would be 55% more added capacity than the 40.4 GW added in 2023 (the most since 2003) and points to a continued rise in industry activity.
We expect solar to account for the largest share of new capacity in 2024, at 58%, followed by battery storage, at 23%.
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%). Outside of these states, the Gemini solar facility in Nevada plans to begin operating in 2024. With a planned photovoltaic capacity of 690 megawatts (MW) and battery storage of 380 MW, it is expected to be the largest solar project in the United States when fully operational.
Battery storage. We also expect battery storage to set a record for annual capacity additions in 2024."..."
[.......]
Solar and battery storage to make up 81% of new U.S. electric-generating capacity in 2024 - U.S. Energy Information Administration (EIA)
`
But in fact Solar is the cheapest form of power generation in the right scenarios and had a stunning year in 2023,
and appears it will again in 2024.
FEBRUARY 15, 2024
Solar and battery storage to make up 81% of New U.S. electric-generating capacity in 2024
U.S. planned utility-scale electric-generating capacity additions.
Data source: U.S. Energy Information Administration, Preliminary Monthly Electric Generator Inventory, December 2023
Developers and power plant owners plan to add 62.8 gigawatts (GW) of new utility-scale electric-generating capacity in 2024, according to our latest Preliminary Monthly Electric Generator Inventory. This addition would be 55% more added capacity than the 40.4 GW added in 2023 (the most since 2003) and points to a continued rise in industry activity.
We expect solar to account for the largest share of new capacity in 2024, at 58%, followed by battery storage, at 23%.
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%). Outside of these states, the Gemini solar facility in Nevada plans to begin operating in 2024. With a planned photovoltaic capacity of 690 megawatts (MW) and battery storage of 380 MW, it is expected to be the largest solar project in the United States when fully operational.
Battery storage. We also expect battery storage to set a record for annual capacity additions in 2024."..."
[.......]
Solar and battery storage to make up 81% of new U.S. electric-generating capacity in 2024 - U.S. Energy Information Administration (EIA)
`
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