According to the EIA, utility-scale battery storage capacity in the U.S. exceeded 26 gigawatts (GW) in 2024, with 10.4 GW added last year alone. Despite this growth, battery storage still accounts for just 2% of the country’s total 1,230 GW of utility-scale electricity capacity. Looking ahead, 2025 is expected to see even faster growth, with…
The U.S. Energy Information Administration’s latest Short-Term Energy Outlook predicts continued growth in renewable energy, particularly solar and wind, as key drivers of U.S. power generation over the next two years. The electric power sector is expected to add 26 GW of solar capacity in 2025 and 22 GW in 2026, following a record 37…
The Energy Information Administration’s (EIA) Winter Fuels Outlook predicts steady heating costs for most US households due to colder temperatures and stable gas prices. This rising demand should help balance the impact of lower gas prices on revenues for Natural Gas providers. Heating expenditures in the Midwest are expected to rise by 11% for gas…
According to the EIA, electric generation from wind turbines has decreased for the first time since the mid-1990s in 2023, despite the addition of 6.2 GW of wind capacity. This has resulted in an eight-year low-capacity factor for the wind turbine fleet of 33.5%. Several factors have contributed to this decline, including the wind…
