We anticipate that the biggest boosts in U.S. electrical energy generation this summertime (June, July, and August) will originate from solar, wind, and natural gas-fired power plants since of brand-new creating capability coming online, according to our June Short-Term Energy Outlook The increasing generation from these sources will likely be balanced out by decreased generation from coal-fired power plants.
Information source: U.S. Energy Details Administration, Short-Term Energy Outlook, June 2023
Gas stays the main source of generation in the electrical power sector, and we anticipate U.S. natural gas-fired generation will grow by 3%, or 16.7 terawatthours (TWh), this summertime compared to in 2015. Extra natural gas-fired creating capability and beneficial fuel expenses are the main chauffeurs of our projection boost in generation from gas this summertime.
A big share of the brand-new creating capability integrated in the United States over the previous couple of years is powered by solar or wind. The U.S. electrical power sector included a projected 14.5 gigawatts (GW) of solar creating capability and about 8.0 GW of wind capability throughout the 12 months ending Might 31, 2023.
Wind power has actually been the leading source of brand-new eco-friendly electrical energy generation over the last few years and is a particularly essential element of the generation mix for some areas throughout the spring months We anticipate that U.S. wind-powered generation this summertime will be 7% (5.8 TWh) greater than last summertime.
Much of the solar-powered creating capability that has actually been set up in current months is focused in Texas and California We anticipate that brand-new solar capability will result in a 24% (10.8 TWh) boost in solar generation this summertime compared to last summertime. Numerous solar tasks are likewise being developed with associated battery storage systems to assist offer power when solar and wind resources are low. The electrical power sector has actually included a projected 5.3 GW of battery capability in the previous 12 months, an almost 90% boost.
Information source: U.S. Energy Details Administration, Short-Term Energy Outlook, June 2023
In addition to the continuing development in generation from renewable resource sources, we anticipated 4.5 TWh more nuclear generation this summertime than in summertime 2022 as outcome of the prepared opening of a brand-new reactor at the Vogtle nuclear reactor. In contrast to this freshly included nuclear capability, a variety of reactors at other nuclear plants have actually retired over the last few years.
We anticipate the boost in summertime generation from solar, wind, and nuclear power to add to decreased generation from coal-fired power plants. In between June 2022 and Might 2023, about 11 GW of U.S. coal capability retired, and we anticipate 15% (36.0 TWh) less U.S. coal-fired generation this summertime compared to last summertime.
Principal factor: Tyler Hodge
Thanks To U.S. EIA’s Today in Energy
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