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Coal Dominates To Power Electricity In The U.S. Over The Renewables In 2024

By Shubhendra Anand , 17 June, 2024

Renewables are the new normal in the energy market in light of the clean energy transition. The transformation at the industrial level is increasing rapidly in different countries. Renewable production is an essential factor behind green energy transformation. The renewables industry will expand faster, with countries adopting renewables above conventional energy sources in 2024. However, in the United States, coal-powered electricity dominates over the electricity produced from renewable sources in 2024. Studies have shown that coal production in the United States is reducing gradually. However, the share of coal dominates the energy market in electricity production. Based on a survey, coal shares in the United States for electricity production will be 16 percent in 2024. It holds the highest share compared to any renewable energy source for the same year.

Earlier in 2022, the electricity powered by renewable energy surpassed that of conventional sources in 2022. The renewable energy sources comprised solar, hydropower, geothermal, wind, and others to power the electricity in the United States for 2022. However, col accounts for the large sector in conventional energy to power electricity in the United States for 2024. Simultaneously, wind and solar energy account for 11 and 4 percent, respectively. It is an active sign that coal still dominates the energy market. There is a surge in renewables in the energy market, but a complete shift from conventional fuels is still impossible for the next five years. Based on market scenarios, coal demand has declined for the last three years due to the emergence of renewable energy sources.

Consequently, it shows that transforming conventional energy sources to renewables is slow. Therefore, coal shares the base load of electricity as an energy source when renewables stand as the tall market in 2024. However, the United States must check the energy source as the nation's target to achieve a power grid of zero-emission by the end of 2050.

Coal Dominates To Power Electricity In The U

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Shubhendra Anand

Head Research