Clean Energy Revolution in America: Positive Predictions for 2024
As the world seeks solutions for sustainable energy, the United States has the opportunity to lead the global shift towards clean electricity.
But what kind of progress can the country expect in the coming year?
Looking ahead to 2024, predictions for generation capacity in the United States reveal a promising trajectory for battery storage and solar energy. Battery storage is expected to grow by 82% compared to 2023 forecasts, while solar energy is projected to grow by 40%.
The wind energy sector is also expected to grow, albeit at a slower rate (5%) due to rising costs and licensing challenges, especially for offshore projects.
Nuclear energy is expected to achieve modest growth of 1%, while hydropower and geothermal energy remain unchanged.
Overall, these predictions confirm the diversification of the American energy portfolio, with a clear focus on renewable energy sources and energy storage. The growth in battery storage capacity, in particular, highlights efforts to overcome intermittency challenges for renewable energy sources, ultimately ensuring reliable and emission-free energy supplies in the country.
Daily electricity generation in the United States is expected to increase by 3% between 2023 and 2024, reflecting the growing demand for energy in the country.
Renewable energy sources are set to capture a larger share of the electricity mix in the United States in 2024, rising from 22% in 2023 to 24%.
Electricity production from coal is expected to decrease by 9% as the country continues to move away from this emission-intensive energy source.
Despite the expected growth in the country’s clean electricity capacity, total energy-related emissions in the United States are projected to decrease by 0.1% in 2024.
Overall, the energy landscape in the United States in 2024 indicates progress with increasing renewable energy sources and electricity generation. However, the marginal decrease in emissions underscores the need for intensified state-level efforts to achieve the goal of net-zero emissions in the future.
