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For the first time ever, more electricity from renewables than from coal. And solar to exceed hydroelectricity in 2025.

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At present is Monday, 22 July 2024.

The most recent June 2024 version of the Month-to-month Power Assessment by the U.S. Power Data Administration’s (EIA) was simply launched.

This close-to-300-pages (!) report, normally generally known as MER, is the first supply of U.S. power statistics: power manufacturing, consumption, shares, commerce, and power costs; overviews of petroleum, pure gasoline, coal, electrical energy, nuclear power, and renewable power; carbon dioxide (CO2) emissions; and knowledge unit conversions.

A fertile supply for knowledge scientists, MER has the next construction of sections:

  1. Power Overview

  2. Power Consumption by Sector

  3. Petroleum

  4. Pure Fuel

  5. Crude Oil and Pure Fuel Useful resource Improvement

  6. Coal

  7. Electrical energy

  8. NuclearEnergy

  9. Power Costs

  10. RenewableEnergy

  11. Atmosphere (mainly about CO2 emissions)

Listed here are some highlights, primarily based on Carbon Credit score Markets personal evaluation of tables and figures from MER:

  • 2023 was the primary 12 months in U.S. story that extra power was generated from renewables than from coal. See Determine and Desk 1.3 Major Power Consumption. And 2024 is following the identical pattern. Renewables outlined as typical hydroelectric energy, wooden, waste, geothermal, photo voltaic, and wind.

Determine 7.2 Electrical energy Internet Era. Month-to-month Power Assessment June 2024.
  • CO2 emissions associated to power era in U.S. final 12 months have been 4,793 million metric tons, 20% lower than the primary peak ever in 2007 (6,007 million metric tons). In different phrases, 2023 stage was equal to going again 40 years. See Desk 1.7.

  • General U.S., heating diploma days have been steadily decreasing over time, being 2023 about 30% lower than in 1950. Heating diploma day is a measurement designed to quantify the demand for power wanted to warmth a constructing, i.e. relative to the skin temperature. See Desk 1.11.

  • By way of capability issue, an indicator of reliability of provide, it’s onerous to beat nuclear, normally above 90%. Wind and hydroelectric are round 30% whereas photo voltaic 20%. Particularly, capability issue is a ratio of precise electrical power output over a given time period to the theoretical most. See desk 7.8.

MER additionally has a couple of attention-grabbing Annexes, resembling Electrical Automobile Charging Infrastructure, indicating numbers and tendencies of a number of forms of charging stations: 148k (2021), 168k (2022), 185k (2023) and 192k (Could 2024)

Right here the June 2024 MER for obtain.

MER Month-to-month Power Assessment June 2024

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Obtain PDF • 10.33MB

EIA also publishes the Short-Term Energy Outlook (STEO).

The May 2024 edition indicated “In 2025, we expect generation from solar to exceed the contribution from hydroelectricity for the first year in history”.

And the July 2024 edition with even more insights:

“Solar power is the fastest growing source of electricity in the U.S. We expect 36 billion kilowatthour (BkWh) more electricity to be generated in the U.S. from solar in 2H24 than in 2H23, an increase of 42%.”

“Although natural gas continues to be the largest source of U.S. electricity generation, we expect 21 BkWh, or 2% less natural gas generation in 2H24 than in 2H23. This forecast decline is due to more generation from renewable sources …”

Click at the image below for the May press release and below to download the July edition of the STEO.

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