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300GW: The beginning of the growth of US photovoltaic installed capacity has just begun

published: 2024-08-08 18:01

According to data from the U.S. Energy Information Administration (EIA), there have been significant changes in U.S. photovoltaic power generation over the past five years.

Texas and California continue to lead the U.S. photovoltaic market. Just this summer, both states set new records for photovoltaic power generation. On July 16, Texas exceeded 20GW of power generation, and California is likely to reach 20GW soon, with its photovoltaic power generation reaching a record 19.348GW in June. These records will continue to be broken in the future as new photovoltaic power plants and equipment are built.

The final EIA data as of April showed that the national photovoltaic power generation in the United States increased by 25.5% compared with the same period last year. It is particularly worth mentioning that photovoltaic power generation in every state is rising. According to the research data of the U.S. Energy Information Administration (EIA) July "Short-Term Energy Outlook", U.S. photovoltaic power generation in June has increased 3.5 times since 2018, climbing to 25.42 million MWh this year, accounting for 6.7% of the total net power generation in the United States.

John Ketchum, CEO of NextEra Energy, FPL's parent company and major renewable energy project developer NextEra Energy Resources, predicted at the company's recent investor day that the U.S. grid could add more than 450GW of new renewable energy generation in the next seven years.

Many people are curious about the impact of such rapid growth in photovoltaic power generation on the United States. The US Energy Daily made a conservative forecast.

This forecast lowered the expected 450GW of new renewable energy renewable energ generation by 50GW. Of the remaining 400GW, based on recent data ratios, it is assumed that 300GW is photovoltaic power generation and 100GW is wind power. The forecast results are as follows:

Although this is only a forecast, it can be concluded from the table that renewable energy, led by photovoltaics, will continue to develop rapidly as demand grows, which will also make the proportion of clean energy in the United States' power generation increasingly larger.

In addition, several key points can be seen from this table: First, by 2030, photovoltaics will become the second largest power generation resource in the US power grid - this is in stark contrast to the first time in 2017 that it exceeded 1%. Second, the growth of photovoltaics and wind power will drive the proportion of fossil fuels to continue to decline, and it is likely to be below 50% in the future, which will also be the first time in decades.

It can be seen that the increase in photovoltaic power generation in the United States in the future will be very terrifying, and this growth trend has just begun.

Source:https://mp.weixin.qq.com/s/IkaDj1-dDbvGZfGYoLkb9A

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