U.S. solar will pass wind in 2025 and leave coal in the dust soon after
U.S. solar will pass wind in 2025 and leave coal in the dust soon after
U.S. solar will pass wind in 2025 and leave coal in the dust soon after
Solar and wind represent about 11% to 12% of the energy mix each, while coal sits just under 15%. Developers brought online 16 GW of solar out of a total 21.5 GW electric generation capacity cumula…
Based on current deployment rates, it is likely that solar will surpass wind as the third-largest source of electricity. And solar may soon topple coal in the number two spot.
Looking ahead, through July 2028, FERC expects no new coal capacity to come online based on its “high probability additions” forecast. Meanwhile 63 coal plants are expected to be retired, subtracting 25 GW from the 198 GW total, and landing at about 173 GW of coal capacity by 2028. Meanwhile, FERC forecasts 92.6 GW of “high probability additions” solar will come online through July 2028.