Solar over 5% of US electricity generation in first 10 months of 2022

Photo voltaic power accounted for greater than 5% of complete US electrical energy era within the first 10 months of 2022 as photo voltaic output elevated 26.23% year-to-date (YTD), in response to knowledge launched of the US Power Data Administration.

The information was analyzed in a report by the non-profit analysis group Solar Day Marketing campaign, and confirmed that nearly 23% of the electrical energy within the US was generated by renewable power sources through the interval of January-October 2022. The full renewable electrical era grew by 14.3% within the final 12 months, whereas the overall web era elevated by 3.14%.

Photo voltaic noticed the best development of the season, rising by greater than 26% and accounting for five.05% of the overall electrical energy output, and solely in October the photo voltaic output was 31.68% higher than the identical time final 12 months. In March 2016 the era of photo voltaic power YTD reached 1% for the primary time, since then its month-to-month era has elevated nearly six occasions.

Wind power offers 9.8% of complete US electrical energy era, whereas hydropower and geothermal power each account for over 6%.

Over the ten-month interval, mixed renewable power surpassed coal and nuclear era by 16.62% and 27.39%, respectively, though pure gasoline maintained the lion’s share of era with 39.4%.

The manager director of the Solar Day Marketing campaign, Ken Bossong stated: “As we enter 2023, it appears very probably that renewables will present almost 1 / 4 – if no more – of the nation’s electrical energy within the coming 12 months, and presumably that the mixture of wind and photo voltaic will surpass nuclear energy and maybe coal within the subsequent twelve months.”

Because the passage of the Inflation Discount Act (IRA) final 12 months, the US has seen plans for a 22GW module and cell manufacturing facility. Wooden Mackenzie’s September analysis discovered that the consequences of the IRA is probably not absolutely felt till 2024, as import tariffs and provide chain points proceed to plague industrial enlargement.