In 2023, solar will account for 54% of new electric-generation capacity in the United States

April 4, 2023

According to the Energy Information Administration’s (EIA) Preliminary Monthly Electric Generator Inventory, solar power will dominate new electric-generating capacity additions in the United States this year. 

This year, the US power grid will gain 54.5GW of new utility-scale electric-generating capacity. Solar power will account for more than half of this (54%), with battery storage accounting for the remaining (17%). According to the EIA, while utility-scale solar capacity in the United States has been rapidly increasing since 2010, it will fall by 23% year on year in 2022 due to supply chain disruptions and other pandemic-related challenges. 

This year, utility-scale wind capacity will also increase. According to the EIA, developers intend to increase utility-scale wind capacity by 6GW. However, despite adding more than 14GW in both 2020 and 2021, additions have started to slow down. With 2GW of wind capacity, Texas will have the most this year. 

Other utility-scale electric-generating capacity projects include 7.5 gigatonnes of natural gas, the two largest of which are planned for Ohio and Illinois, 6.0 gigatonnes of wind power, primarily for Texas, and 2.2 gigatonnes of nuclear energy. For the first time in more than 30 years, two new nuclear reactors have been built in the United States and are expected to come online this year, after a lengthy, multi-year delay.

The EIA reported in 2023 that only one offshore wind project, the South Fork Wind plant off the coast of New York, is expected to begin operations this year.

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