US solar electricity generation to exceed hydroelectricity in 2024, EIA predicts

EIA is forecasting that in 2024, electricity from solar energy will exceed the amount of energy coming from hydropower sources by about 14%.

The U.S. Energy Information Administration (EIA) is forecasting that in 2024, electricity from solar energy will exceed the amount of energy coming from hydropower sources by about 14%. The prediction has been published in EIA’s Short-Term Energy Outlook report.

EIA attributes this prediction to continuing growth around the U.S. in both utility-scale and small-scale solar facilities. Earlier this year, EIA said it expected about 54% of electricity-generating capacity to come from solar energy in 2023 as developers had plans to add a total of 54.5 gigawatts of utility-scale electric-generating capacity to the U.S. power grid.

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Source: Eco Watch

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