Solar Energy to Dominate US Electric Generating Capacity by 2023, According to EIA
Apr 04,2024 | DAXTROMNSOLAR
According to a report by the US Energy Information Administration (EIA), solar energy is expected to dominate new electric generating capacity in the United States by 2023. The report states that solar will account for 39% of new capacity additions, surpassing other energy sources such as wind and natural gas. This growth is driven by decreasing costs of solar installations and high levels of investment in renewable energy projects.
The shift towards solar energy reflects a positive trend towards cleaner and more sustainable energy sources. As solar technology continues to improve and becomes more affordable, it offers an attractive option for reducing greenhouse gas emissions and decreasing reliance on fossil fuels. With the increasing adoption of solar power, we can expect to see a significant reduction in carbon emissions and a greener future for generations to come.
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