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How much will US total generating capacity increase by 2035?
2
Resolution / Starting Odds
70-80% • 33%
80-90% • 33%
90-100% • 34%
US Energy Information Administration or similar forecasts
Story
US Solar Installations Up 400%, Expected to Reach 15 Million by 2034
May 16, 2024, 04:23 PM
The United States has surpassed 5 million solar installations, marking a significant milestone in the country's clean energy efforts. This rapid growth in solar installations, which has increased by 400% over the past eight years, is expected to continue, with projections indicating the number will double to 10 million by 2030 and reach 15 million by 2034. Solar energy now accounts for more than 263,000 jobs in the US. Additionally, the US is expected to boost its total generating capacity by 80% through 2035, driven largely by almost 1 terawatt of new solar and wind energy. This expansion is part of a broader trend in increasing energy demands, including a projected tripling of data center power demand from 15GW to 45GW by 2030.
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Similar markets
Less than 20% • 33%
Between 20% and 25% • 33%
More than 25% • 34%
Less than 90 million bpd • 33%
90-95 million bpd • 33%
More than 95 million bpd • 33%
Less than 50% • 25%
50% to 65% • 25%
65% to 80% • 25%
More than 80% • 25%
10-15GW • 25%
15-20GW • 25%
20-25GW • 25%
25GW+ • 25%
Solar • 25%
Wind • 25%
Nuclear • 25%
Hydroelectric • 25%
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10% to 20% • 25%
21% to 30% • 25%
More than 30% • 25%
13.71 million BPD • 25%
13.73 million BPD • 25%
14.00 million BPD • 25%
13.50 million BPD • 25%
0-10% increase • 25%
11-20% increase • 25%
21-30% increase • 25%
Over 30% increase • 25%
