EIA Sees Strong Renewable Growth Over Next Two Years

EIA Sees Strong Renewable Growth Over Next Two Years

EIA expects non-hydroelectric renewable energy resources such as solar and wind will be the fastest growing source of U.S. electricity generation for at least the next two years. EIA’s January 2019 Short-Term Energy Outlook (STEO) forecasts that electricity generation from utility-scale solar generating units will grow by 10 percent in 2019 and by 17 percent in 2020. According to the January STEO, wind generation will grow by 12 percent and 14 percent during the next two years. EIA forecasts total U.S. electricity generation across all fuels will fall by 2 percent this year and then show very little growth in 2020.

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