Spring 2023 Solar Industry Update slide image

Spring 2023 Solar Industry Update

U.S. Electric Capacity Additions (GWdc) New U.S. Capacity Additions, 2012-2022 ■Natural gas Other Nuclear Wind Batteries CSP DPV UPV 45 40 35 30 212242 25 20 15 10 5 0 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 . In 2022, PV represented approximately 46% of new U.S. electric generation capacity (29% UPV, 17% DPV), compared to 15% in 2012. - Wind represented 24% of added capacity and batteries an additional 11%, for a total of 81% of capacity additions from those three technologies. Nearly 30 GWac of new installed capacity was either from renewable energy or battery technologies in 2022, a decline of 7 GWa compared to 2021. ас Both solar and wind installations declined in 2022, although solar installations still nearly doubled that of wind. Only battery installations grew from 3.3 to 4.1 GW in 2022. ас Note: "Other" includes coal, geothermal, landfill gas, biomass and petroleum. Sources: EIA, "Electric Power Monthly" Tables 6.1, 6.2B, 1.1, 1.1A; Forms 860M & 861M. April 2023. Today in Energy. NREL 29
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