Tag: outlook

Solar power will account for nearly half of new U.S. electric generating capacity in 2022

Solar power will account for nearly half of new U.S. electric generating capacity in 2022

February 1, 2022 |

In 2022, we expect 46.1 gigawatts (GW) of new utility-scale electric generating capacity to be added to the U.S. power grid, according to our Preliminary Monthly Electric Generator Inventory. Almost half of the planned 2022 capacity additions are solar, followed by natural gas at 21% and wind at 17%. We expect U.S. utility-scale solar generating capacity to grow by 21.5 GW in 2022. Another 7.6 GW of wind capacity is scheduled to come online in 2022.

Read More
US Short-Term Energy Outlook

US Short-Term Energy Outlook

October 27, 2021 | ,

It forecasts that average U.S. household expenditures for all major home heating fuels will increase significantly this winter primarily because of higher expected fuel costs as well as more consumption of energy due to a colder winter. Average increases vary by fuel, region, and weather assumptions. It forecasts that planned additions to U.S. wind and solar capacity in 2021 and 2022 will increase electricity generation from those sources.

Read More
IEA World Energy Outlook 2021

IEA World Energy Outlook 2021

October 19, 2021 | , ,

This flagship publication of the IEA has appeared every year since 1998. Its objective data and dispassionate analysis provide critical insights into global energy supply and demand in different scenarios and the implications for energy security, climate targets and economic development.

Read More
Australia to remain an attractive investment hotspot for renewables

Australia to remain an attractive investment hotspot for renewables

April 11, 2021 |

Both domestic and foreign investors point to a slightly more favourable outlook for state versus federal policy, APAC-based investors in particular (96%). European investors are the notable exception with 66% expecting state policies to be supportive versus 81% for federal policies. Australia-based investors are marginally less positive about government support than they were in the previous survey with 91% anticipating supportive policies from state government and 85% from federal government, versus 90% overall (federal and state) in the 2019 study.

Read More