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EIA projects that renewable generation will supply 44% of U.S. electricity by 2050
Research - MARCH 18, 2022

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EIA projects that renewable generation will supply 44% of U.S. electricity by 2050

by Andrea Zander

U.S. power generation from renewables will increase from 21 percent in 2021 to 44 percent in 2050, according to U.S. Energy Information Administration (EIA) in its Annual Energy Outlook 2022 (AEO2022).

This increase in renewable energy mainly consists of new wind and solar power. The contribution of hydropower remains largely unchanged through 2050, and other renewable sources of power generation, such as geothermal and biomass, collectively remain less than 3 percent of total generation.

The outlook projects that the contribution of total solar generation, including both utility-scale solar farms and small-scale rooftop end-use systems, will surpass wind generation by the early 2030s. Early growth in wind and solar is driven by federal tax credits set to expire or significantly decline by 2026, but declining costs for both technologies play a significant role in both near- and

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