EIA Expects U.S. Annual Solar Electricity Generation To Surpass Hydropower in 2024, We forecast the US will generate 14% more electricity)
We forecast that the United States will generate 14% more electricity from solar energy than from hydroelectric facilities in 2024, according to ourFor the first time in September 2022, the United States had more solar-generated electricity than hydroelectric generation on a monthly basis, according to our. That month, U.S. solar power plants and rooftop solar generated about 19 billion kilowatthours, compared with 17 billion kWh from U.S. hydropower plants.
Solar power outpaced hydropower again this summer due to exponential growth in installed solar capacity. From 2009 to 2022, installed solar capacity increased at an average rate of 44% per year, and installed hydroelectric capacity increased by less than 1% each year. In our STEO, we expect annual solar generation to surpass annual hydropower generation in 2024 for the first time. In 2019,. The growth of U.S. solar and U.S.
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