A review by the SUN DAY Campaign of data just released by the Federal Energy Regulatory Commission reveals that the mix of renewable energy sources provided nearly all new U.S. generating capacity in April as well as year-to-date . Renewable energy sources are now nearly 30% of total capacity. Moreover, for the eighth month in a row, solar was the largest new source of generating capacity.
Solar has now been the largest source of new generating capacity for eight months straight: September 2023 – April 2024. For six of those eight months, wind took second place.The latest capacity additions have brought solar’s share of total available installed utility-scale generating capacity up to 8.56%, further expanding its lead over hydropower . Wind is currently at 11.77%. With the inclusion of biomass and geothermal , renewables now claim a 29.62% share of total U.S.
FERC also foresees growth for hydropower , geothermal , and biomass . On the other hand, there is no new nuclear capacity in FERC’s three-year forecast while coal, natural gas, and oil are projected to contract by 20,177-MW, 3,823-MW, and 2,016-MW respectively. Moreover, FERC reports that there may actually be as much as 212,351-MW of net new solar additions in the current three-year pipeline in addition to 72,177-MW of new wind and 7,695-MW of new hydropower. Thus, renewables’ share could be even greater by mid-spring 2027.
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