Dec 23, 2024
Renewables on Track to Surpass Natural Gas in U.S. Energy Capacity
Renewable energy sources are projected to account for 37% of total U.S. utility-scale electrical generating capacity by the end of 2027, potentially exceeding that of natural gas.
According to recent data from the Federal Energy Regulatory Commission (FERC), renewable energy sources, including solar, wind, biomass, and geothermal, currently constitute over 30% of the United States’ utility-scale electrical generating capacity. This marks a significant increase, with projections indicating that renewables will reach 37% of total capacity by the end of 2027. This growth trajectory suggests that renewable energy may soon surpass natural gas as the leading source of electrical generating capacity in the U.S. The expansion is driven by substantial investments in solar and wind projects, reflecting a nationwide shift towards sustainable energy solutions. This transition aligns with broader environmental goals and indicates a significant transformation in the U.S. energy landscape. Read more.
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