Friday, December 29, 2023

40% of US Electricity Is Now Emissions-Free

Concluding statement:

"Unfortunately, the pace is currently too slow for the US to have a net-zero electric grid by the end of the decade."

40% of US Electricity Is Now Emissions-Free (arstechnica.com)75

An anonymous reader quotes a report from Ars Technica:Just before the holiday break, the US Energy Information Agency released data on the country's electrical generation. Because of delays in reporting, the monthly data runs through October, so it doesn't provide a complete picture of the changes we've seen in 2023. But some of the trends now seem locked in for the year: wind and solar are likely to be in a dead heat with coal, and all carbon-emissions-free sources combined will account for roughly 40 percent of US electricity production. [...]

At this point last year, coal had produced nearly 20 percent of the electricity in the US. This year, it's down to 16.2 percent, and only accounts for 15.5 percent of October's production. Wind and solar combined are presently at 16 percent of year-to-date production, meaning they're likely to be in a dead heat with coal this year and easily surpass it next year. Year-to-date, wind is largely unchanged since 2022, accounting for about 10 percent of total generation, and it's up to over 11 percent in the October data, so that's unlikely to change much by the end of the year. Solar has seen a significant change, going from five to six percent of the total electricity production (this figure includes both utility-scale generation and the EIA's estimate of residential production). And it's largely unchanged in October alone, suggesting that new construction is offsetting some of the seasonal decline.

Hydroelectric production has dropped by about six percent since last year, causing it to slip from 6.1 percent to 5.8 percent of the total production. Depending on the next couple of months, that may allow solar to pass hydro on the list of renewables. Combined, the three major renewables account for about 22 percent of year-to-date electricity generation, up about 0.5 percent since last year. They're up by even more in the October data, placing them well ahead of both nuclear and coal. Nuclear itself is largely unchanged, allowing it to pass coal thanks to the latter's decline. Its output has been boosted by a new, 1.1 Gigawatt reactor that come online this year (a second at the same site, Vogtle in Georgia, is set to start commercial production at any moment). But that's likely to be the end of new nuclear capacity for this decade; the challenge will be keeping existing plants open despite their age and high costs. If we combine nuclear and renewables under the umbrella of carbon-free generation, then that's up by nearly 1 percent since 2022 and is likely to surpass 40 percent for the first time.
"The only thing that's keeping carbon-free power from growing faster is natural gas, which is the fastest-growing source of generation at the moment, going from 40 percent of the year-to-date total in 2022 to 43.3 percent this year," notes Ars.

"Outside of natural gas, however, all the trends in US generation are good, especially considering that the rise of renewable production would have seemed like an impossibility a decade ago. Unfortunately, the pace is currently too slow for the US to have a net-zero electric grid by the end of the decade."