Energy generation in the US will grow by 3% in 2024 — and solar power will be the main source of that expansion.
That’s according to the latest report from the Energy Information Administration. The report indicates that, while solar adoption throughout the United States has been steadily increasing in recent years, 2024 could see us approaching a landmark moment for the solar industry.
“In 2025, we expect generation from solar to exceed the contribution from hydroelectricity for the first time in history,” said Joe DeCarolis, administrator of the EIA, in the report’s press release.
Renewable energy has been a focus of federal policy, with assurances being made that solar, wind and hydropower will be made more accessible to all American communities.
With government support and lower and lower costs, solar and renewables will keep growing over the next two years.