Sustainable Energy Landscape: The U.S. Breaking Records and Facing Challenges
Key Ideas
  • Clean energy installations in the U.S. hit a record high in 2024, with 48.2 GW of solar, wind, and battery storage capacity added, driven by tax credits and falling technology costs.
  • Renewables are projected to continue growing in 2025, but at a slower pace according to developer estimates, with a potential addition of 60 GW of clean power capacity.
  • Federal regulators' decision favoring natural gas over renewables in grid connections raises concerns amid the anticipated surge in electricity demand.
  • Various projects across the U.S., from offshore wind farms in New York to solar parks in California, highlight the ongoing momentum towards sustainable energy generation.
In 2024, the United States witnessed a substantial surge in clean energy installations, setting a new record as developers added 48.2 GW of utility-scale solar, wind, and battery storage capacity. This growth was underpinned by tax credits provided under the Inflation Reduction Act and the declining costs of renewable technologies. Looking ahead to 2025, the momentum in renewables is expected to continue, albeit at a slower pace, with projections indicating a potential addition of 60 GW of large-scale clean power capacity. However, concerns have been raised following a recent decision by Federal Energy Regulatory Commission that could prioritize new natural gas power plants over renewable sources like solar and wind in grid connections, especially as the U.S. anticipates a significant increase in electricity demand. The sustainable energy landscape in the U.S. is further evidenced by various projects that are underway. In New York, Equinor's offshore wind farm, Empire Wind 1, received approval for transmission facilities to power over 388,000 homes. In California, White Pine Renewables secured financing to support two solar parks generating electricity for local water districts. Additionally, the installation of a hydrogen microgrid by Harnyss at Guidiville Indian Rancheria in California exemplifies innovation in combining long-duration energy storage with on-site hydrogen production. Moreover, the commissioning of Invenergy's 300 MW solar PV plant in Texas signifies the continued transition towards sustainable power generation across different regions in the U.S.
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