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December 22, 2024
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EIA: Major Solar Growth Ahead, but EV Adoption Stalls After 2030
Waiting for IRS Guidance, Annual Energy Outlook Unable to Incorporate Full Impact of IRA
The EIA sees energy generation doubling across all the economic and technological scenarios in the AEO, with solar and storage (yellow and purple) providing most of the new generation.
The EIA sees energy generation doubling across all the economic and technological scenarios in the AEO, with solar and storage (yellow and purple) providing most of the new generation. | EIA
EIA projects the U.S. will be able to cut energy-related CO2 emissions 25 to 38% below 2005 levels by 2030, which falls short of President Biden’s target.
Battery Electric VehiclesBuilding DecarbonizationFossil FuelsNatural GasSolar Power