At-a-Glance:
The U.S. would need to quadruple the amount of solar energy it installs by 2035 if it wants to achieve a goal of decarbonizing the nation’s power grid, the Energy Department said in a study released in September 2021. According to the study, solar energy has the potential to power 40% of the nation’s electricity and employ as many as 1.5 million people by 2035. To learn more, read, “Solar Needs to Quadruple for U.S. to Have Carbon-Free Grid.” Reading this article may require a subscription from the media outlet.
Key Takeaways:
- In 2020, the U.S. installed a record 15 gigawatts of solar power bringing the total to 76 gigawatts or 3% of the nation’s electricity supply.
- The study, which was conducted by the agency’s National Renewable Energy Laboratory (NREL), found that by 2035, the U.S. would need to provide 1,000 gigawatts of solar power to achieve a 95% emission-free grid.
- Decarbonizing the grid would require as much as 3,000 gigawatts of solar by 2050, the study said.
- The study comes as the President called for a 100% clean energy grid by 2035 and a 50% economy-wide reduction in carbon emissions by 2030 as part of an effort to combat climate change.
Path to 100% Perspective:
It is the job of every power company to now put strategies and capital in place to navigate to net zero and to embed flexibility at the heart of grids to unlock 100% renewable energy systems. As the current population emerges from the COVID-19 pandemic, governments can lay the foundations for a smoother transition to a decarbonized world. To achieve this, utilities must commit to front-loading their efforts and investment strategies. Not only will this unlock a wealth of new commercial opportunities in a transformed power market, but the future of the planet and it’s population depends on it.
Photo by American Public Power Association on Unsplash