Solar Industry Update

Percent of Planned Solar, Wind, and Battery Markets Located in Energy Communities Click here to interactively view this data on Tableau Public. Out of Energy Community In Energy Community Capacity (GW) 100 80 10 40 20 20 0 70% % Capacity in Energy Community 60% X% Capacity in Energy Community (new projects) 50% 40% 30% Added Planned Projects Planned Projects 20% . Planned (Sep. Planned (Sep. Planned (Sep. Planned (Sep. Planned (Sep. Planned (Sep. 2022) 2023) 2022) 2023) 2022) 2023) - 10% 0% Note: based on EIA data, there werende planned offshore wits announced between septem22nd September 2023. Additionally, the latitude and longitude of these projects reported in EIA Form 860 likely does not reflect the location in which these projects will determine their eligibility (i.e., the point of interconnection). Sources: U.S. Energy Information Administration (EIA), EIA Form 860 (November 2022, November 2023). NREL analysis found that new projects added to the planned project dataset do not have a significantly higher percentage of capacity located in energy communities as projects which were in the dataset as of September 2022. - - This analysis also includes projects in construction, however the results are very similar when only looking at new projects which have not begun construction yet. The percentage of planned land-based wind capacity located in energy communities increased the most (from 30% to 40%), however the number of projects located in energy communities increased less dramatically (from 26% to 30%) and was impacted by a few large projects. The percent of planned solar PV capacity in energy communities is relatively consistent (if not lower) than the percent of installed capacity in those areas from 2021 through July 2023 (see LBNL data on slide 20). It typically takes years to develop large electric generating assets in the United States, therefore data may not show a significant change in deployment in these communities for some time. Additionally, a relatively large percentage of projects were already being developed in these areas. EIA data is also not necessarily added uniformly in terms of project development and therefore is a better indicator of long-term trends. NREL 13

View entire presentation