Solar to account for almost 50% of new US electric generation in 2022 – EIA

Facebook
Twitter
LinkedIn
Reddit
Email
An operational solar farm in Texas. The state is expected to add 6.1GW of utility-scale solar this year. Image: OCI Solar Power.

Solar power will account for nearly half of utility-scale capacity additions in the US this year, according to new figures from the country’s Energy Information Administration (EIA).

The agency expects 21.5GW of utility-scale solar to be deployed in 2022, representing around 46% of the total 46.1GW of forecasted new utility-scale electric generating capacity to be added to the US power grid.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

This planned new capacity would surpass last year’s 15.5GW of utility-scale solar capacity installations, an estimate based on 8.7GW of reported additions up until October and 6.9GW of installs scheduled for the last two months of 2021, the EIA said.

Texas is expected to deploy more utility-scale solar this year than any other state, with 6.1GW – 28% of the national total – forecasted by the EIA, followed by California with 4GW.

Data from the EIA published last April suggested that one-third of utility-scale solar additions in the US by the end of 2022 would be in Texas, taking its total installed solar capacity to 14.9GW as it narrows the gap on leading state California.

Image: EIA via Twitter.

In Q3 2021, the US utility-scale solar sector recorded its best third quarter on record in terms of deployment, with 3.8GWdc added, according to a report published last month by trade body the Solar Energy Industries Association (SEIA) and research firm Wood Mackenzie.

While their study forecasts that utility-scale solar will continue growing in the double digits under the current policy environment, challenges related to high commodity prices and supply chain constraints are expected to hit full force throughout this year and early 2023.

Followed by solar, the EIA expects 9.6GW of natural gas plants to be added this year, 7.6GW of wind, 5.1GW of battery storage and 2.2GW of nuclear.

Forecasted battery storage deployment is an 84% increase on installs in 2021, as declining costs, co-locating storage with renewables generation and adding value through regional transmission organisation markets help expand US battery storage, the EIA said.

Research from the agency published in September revealed that of the 14.5GW of battery storage power capacity planned to come online in the US from 2021 to 2024, 9.4GW (63%) will be co-located with solar PV.

As solar deployment accelerates, a recent study from the US Department of Energy found that with aggressive cost reductions, supportive policies and large-scale electrification, solar’s contribution to national power demand could rise from today’s 3% to 40% by 2035.

27 June 2024
9am BST
FREE WEBINAR -This special webinar will take a deep dive into the latest PV ModuleTech Bankability Ratings pyramid, capturing the relative bankability status of the top 70-80 PV module suppliers globally. In addition to revealing the latest ranking of global PV module suppliers, PV Tech’s Head of Research, Finlay Colville, will show the depth of analysis and commentary included within the report for module suppliers. A key output from the webinar will be to learn which PV module suppliers have moved up the rankings pyramid in recent years and why this growth has been achieved. Conversely, some of the companies that have fallen down the rankings will be discussed, in particular those suffering from market-share losses and financial problems.
8 October 2024
San Francisco Bay Area, USA
PV Tech has been running an annual PV CellTech Conference since 2016. PV CellTech USA, on 8-9 October 2024 is our second PV CellTech conference dedicated to the U.S. manufacturing sector. The event in 2023 was a sell out success and 2024 will once again gather the key stakeholders from PV manufacturing, equipment/materials, policy-making and strategy, capital equipment investment and all interested downstream channels and third-party entities. The goal is simple: to map out PV manufacturing in the U.S. out to 2030 and beyond.
17 June 2025
Napa, USA
PV Tech has been running PV ModuleTech Conferences since 2017. PV ModuleTech USA, on 17-18 June 2025, will be our fourth PV ModulelTech conference dedicated to the U.S. utility scale solar sector. The event will gather the key stakeholders from solar developers, solar asset owners and investors, PV manufacturing, policy-making and and all interested downstream channels and third-party entities. The goal is simple: to map out the PV module supply channels to the U.S. out to 2026 and beyond.

Read Next

June 14, 2024
PV Tech's coverage of the SNEC 2024 trade show continues on day two, kicking off with a discussion with GCL System Integration.
June 13, 2024
PV Tech's coverage of the SNEC PV Power expo 2024. We are reporting live from the exhibition floor at the world's biggest PV trade show.
June 12, 2024
Lawrence Berkeley National Laboratory (LBNL) research shows that the use of solar panels on US homes can cut energy burden to as low as 1.3%.
June 12, 2024
Module manufacturer Canadian Solar has inaugurated its first production facility in the US with a 5GW TOPCon module assembly plant.
June 10, 2024
NextEra Energy and Entergy have announced plans to develop 4.5GW of solar and storage projects as part of a five-year development agreement.
June 7, 2024
Community solar has expanded access to solar adoption to communities struggling to adopt rooftop PV, according to research from the Lawrence Berkeley Lab (LBL) and the National Renewable Energy Lab (NREL).

Subscribe to Newsletter

Upcoming Events

Solar Media Events
July 2, 2024
Athens, Greece
Solar Media Events
July 9, 2024
Sands Expo and Convention Centre, Singapore
Solar Media Events
September 24, 2024
Warsaw, Poland
Solar Media Events
September 24, 2024
Singapore, Asia