2024-Q1: Renewable energy overtakes coal in US power generation for the first time, driven by increased solar and wind power.

2024 marks a turning point in US energy production as renewables, including wind and solar, have overtaken coal for the first time in the country's history, according to federal data for the first seven months. This milestone is attributed to a decline in coal-fired power plants and the rapid growth of renewable energy sources, which now account for 16% of US power generation, slightly more than coal's share. Utility-scale solar energy increased by 36% compared to the same period last year, while wind production increased by 8%. The growth in renewable energy is expected to continue, with wind and solar projected to overtake coal for the entire year, primarily driven by a rapid expansion of solar power.

August 13, 2024
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