Renewable electricity generation capacity in the United States is projected to grow continuously in the coming decades, albeit at varying rates, depending on market developments. In a scenario of low cost for renewables, the installed capacity in the U.S. could surpass 1.57 terawatts in 2050. In contrast, should costs be too high to be competitive, capacity can be as low as 759 gigawatts that year.
Renewable electricity generation capacity in the United States from 2022 to 2050, by scenario
(in gigawatts)
Characteristic
Low renewables cost
Low oil & gas supply
High oil price
High economic growth
Reference
Low economic growth
High oil & gas supply
Low oil price
High renewables cost
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The reference scenario can be found here. According to the source, it is based on a business-as-usual trend estimate, given known technology and technological and demographic trends.
The statistic refers to electricity generation capacity of electricity-only and combined-heat-and-power plants that have a regulatory status.
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EIA. (March 15, 2023). Renewable electricity generation capacity in the United States from 2022 to 2050, by scenario (in gigawatts) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1343036/forecast-renewable-electricity-capacity-us-scenario/
EIA. "Renewable electricity generation capacity in the United States from 2022 to 2050, by scenario (in gigawatts)." Chart. March 15, 2023. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1343036/forecast-renewable-electricity-capacity-us-scenario/
EIA. (2023). Renewable electricity generation capacity in the United States from 2022 to 2050, by scenario (in gigawatts). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1343036/forecast-renewable-electricity-capacity-us-scenario/
EIA. "Renewable Electricity Generation Capacity in The United States from 2022 to 2050, by Scenario (in Gigawatts)." Statista, Statista Inc., 15 Mar 2023, https://www.statista.com/statistics/1343036/forecast-renewable-electricity-capacity-us-scenario/
EIA, Renewable electricity generation capacity in the United States from 2022 to 2050, by scenario (in gigawatts) Statista, https://www.statista.com/statistics/1343036/forecast-renewable-electricity-capacity-us-scenario/ (last visited August 25, 2024)
Renewable electricity generation capacity in the United States from 2022 to 2050, by scenario (in gigawatts) [Graph], EIA, March 15, 2023. [Online]. Available: https://www.statista.com/statistics/1343036/forecast-renewable-electricity-capacity-us-scenario/