Renewables now make up 30% of US utility-scale generating capacity
Renewables now claim a 30.1% share of total US utility-scale electrical generating capacity, according to new Federal Energy Regulatory Commission (FERC) data.
Solar also provided nearly 100% of all new generating capacity in August, according to the SUN DAY Campaign, who reviewed the FERC data.
What’s more, renewable energy sources – biomass, geothermal, hydropower, solar, wind – accounted for over 90.1% of total US electrical generating capacity added in the first eight months of 2024.
Renewables were 99.8% of new generating capacity in August and 90.1% in first two-thirds of 2024. In its latest monthly “Energy Infrastructure Update” (with data through August 31, 2024), FERC says 29 “units” of solar totaling 1,404 megawatts (MW) were placed into service in August along with one unit of biomass (3 MW). Combined, they accounted for 99.8% of all new generating capacity added during the month. Natural gas provided the balance (3 MW).
During the first eight months of 2024, solar and wind added 16,546 MW and 2,270 MW, respectively. Combined with 212 MW of hydropower and 6 MW of biomass, renewables were 90.1% of capacity added. The balance consisted of the 1,100 Vogtle-4 nuclear reactor in Georgia plus 977 MW of gas, 11 MW of oil, and 3 MW of “other.”
Solar was 99.6% of new capacity in August and 78.3% during the first eight months of 2024. The new solar capacity added from January through August this year was more than double the solar capacity (8,248 MW) added year-over-year. Solar accounted for 78.3% of all new generation placed into service in the first two-thirds of 2024.
New wind capacity year-to-date accounted for much of the balance – 10.7% – but that was less than that added year-over-year.
In August alone, solar comprised 99.6% of all new capacity added. Solar has now been the largest source of new generating capacity added each month for 12 months straight, from September 2023 to August 2024.
Solar and wind now make up 21% of US generating capacity. The combined capacities of solar and wind now constitute more than one-fifth (21.0%) of the US’s total available installed utility-scale generating capacity with wind at 11.74% and solar at 9.21%.
However, approximately 30% of US solar capacity is in the form of small-scale (e.g., rooftop) systems that is not reflected in FERC’s data. Including that additional solar capacity would bring the share provided by solar + wind closer to a quarter of the US total.
With the inclusion of hydropower (7.7%), biomass (1.1%) and geothermal (0.3%), renewables now claim a 30.1% share of total US utility-scale generating capacity.
Solar’s share of US generating capacity greater than either nuclear or hydropower. The latest capacity additions have brought solar’s share of total available installed utility-scale (i.e., >1 MW) generating capacity up to 9.2%, further expanding its lead over nuclear power (8.0%) and hydropower (7.7%).
Installed utility-scale solar has now moved into fourth place – behind natural gas (43.3%), coal (15.7%), and wind – for its share of generating capacity.
The combined capacities of all renewables, including small-scale solar, remain on track to exceed natural gas within three years. As noted, FERC’s data do not account for the capacity of small-scale solar systems. If that’s factored in, then within three years, total US solar capacity (i.e., small-scale plus utility-scale) is likely to surpass 300 GW. In turn, the mix of all renewables would then exceed 40% of total installed capacity while natural gas’ share would drop to about 37%.
Moreover, FERC reports that there may actually be as much as 212,412 MW of net new solar additions in the current three-year pipeline in addition to 67,395 MW of new wind, 8,944 MW of new hydropower, 199 MW of new geothermal, and 195 MW of new biomass. Thus, renewables’ share could be even greater by late summer 2027.
“Every month, for a full year now, solar has led the pack in providing new US generating capacity,” noted the SUN DAY Campaign’s executive director Ken Bossong. “And it is poised to continue dominating capacity additions for at least the next three years.”
Read more: Texans want its lawmakers to stop messing with its solar growth
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China’s CATL launched its new Bedrock Chassis on Monday, calling it “the world’s first ultra-safe skateboard chassis.” The global EV battery leader said its newest tech “activates a trillion yuan market” as the new standard for intelligent vehicle design. According to CATL, it will also end the belief that gas-powered cars are safer than EVs.
CATL launches the world’s first ultra-safe EV chassis
On December 24, CATL officially launched the new Bedrock Chassis with “outstanding” safety performance. The company proved it in a video presented during the launch event.
The video showed a prototype model’s front impact at 120 km/h (about 75 mph) without exploding or catching fire. CATL claims its newest tech “sets a new standard for intelligent chassis safety” with comprehensive protection across all scenarios and speed ranges.
According to CATL, the Bedrock Chassis passed the world’s first “highest speed +strongest impact” dual extreme safety test.
In China, the commonly used speed for frontal impact safety tests in the C-NCAP (China New Car Assessment Program) is 56 km/h (35 mph).
At that speed, the collision generates energy equivalent to falling from a 12-meter-high (39-foot) building. At 120 km/h, it’s like dropping 56 meters (183 feet). According to CATL, the collision energy is 4.6 times greater.
During the launch, Ni Jun, CATL’s chief manufacturing officer, said, “Safety is the core of CATL—it’s part of our DNA.”
A trillion yuan market
There has been no previous instance of a new energy vehicle (NEV) “daring to challenge a 120 km/h frontal pole impact test,” the company said during the event.
With a battery-centered design, CATL’s new Bedrock Chassis directly integrates the battery cells into the unit. The design enables it to absorb 85% of the vehicle’s collision energy compared to about 60% by a traditional chassis.
The unit features an “ultra-safe battery cell design,” disconnecting the high-voltage circuit instantly within 0.01 seconds. It will then complete the vehicle’s residual high-voltage energy discharge within 0.2 seconds, a new industry record.
CATL boasted that its new chassis design “paves the way for the industry,” but more importantly, “it also overturns the conventional belief that gasoline vehicles are safer than NEVs.”
The global EV battery leader claims its new Bedrock Chassis “activates a trillion yuan market” and will accelerate the shift toward modular, personalized, intelligent vehicle design. At the launch event, CATL revealed that AVATR will be the first automaker to use the new tech.
CATL is on a “never-ending journey” to create safer batteries and vehicles to accelerate the industry’s shift to EVs.
The news comes after CATL revealed ambitious plans to expand its EV battery swap network last week with its new “Chocolate” SEB batteries. CATL aims to phase out gas stations over the next few years as it rapidly expands battery swap stations across China.
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Construction at BYD’s new EV plant in Brazil was suddenly halted Monday after authorities found Chinese workers in “slavery-like” conditions. The workers were hired in China by another firm, and BYD has since cut ties.
Why construction at BYD’s EV plant in Brazil is halted
According to a statement from the Public Ministry of Labor (MPT), 163 workers at the construction site of BYD’s new EV plant in Salvador, Brazil, were “being held in conditions analogous to slavery.”
Construction on the site was halted on Monday after the findings. According to the authorities, Jinjiang Group, one of the contractors BYD hired to build the new EV plant, hired the workers in China.
BYD released a statement saying it has cut ties with Jinjiang and is assisting the victims as it works with Brazilian authorities. All workers will be transferred to hotels. They will not be able to work and will have their contracts terminated.
Alexandre Baldy, senior vice president of BYD Brazil, said the company remains “committed to full compliance with Brazilian legislation, especially with regard to the protection of workers’ rights and human dignity.”
The MPT statement detailed the extreme “slavery-like” worker conditions. For example, they had one bathroom for every 31 workers, forcing them to wake up at 4 am to get in line to be ready for work at 5:30 am. They slept without mattresses on the bed, and the kitchens operated in “alarming conditions.”
If a worker quit after six months, they would leave the country without any pay after factoring in the cost of a round-trip airplane ticket.
BYD said it has held a “detailed review” over the past few weeks. The Chinese EV giant asked Jinjiang several times to improve the conditions.
A joint virtual hearing of the MPT and MTE is scheduled for December 26. The MPT said the need for new “on-site inspections” has not been ruled out. BYD’s new EV plant is set to begin production next year. Check back soon for more updates on the situation.
BYD is already a top-selling EV brand in Brazil. In October, it launched its first pickup, the Shark PHEV. The pickup is BYD’s sixth vehicle in Brazil, joining other popular models like the Dolphin Mini (Seagull), Yuan Plus, and Dolphin.
Source: Bloomberg, Brazil Public Ministry of Labor
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