Energy Information Administration - EIA - Official Energy Statistics from the U.S. Government

Wind and solar accounted for 14% of U.S. electricity generation in 2022. In our February Short-Term Energy Outlook, we forecast that wind and solar will rise slightly, accounting for 16% of total generation in 2023 and 18% in 2024. Electricity generation from coal falls from 20% in 2022 and to 17% in both 2023 and 2024. Natural gas accounted for 39% of electric power sector electricity generation last year, and we forecast its share to be similar in 2023 then fall to 37% in 2024.

A 3-person home will save 2,820 kWh annually with a heat pump water heater. Those savings more than offset the power needed to charge an EV!

Could you please compare US subsidies for coal and fossil fuels to US subsidies for renewables, annually over the last 10 years? The answer might seem cut and dried, but it’s not as simple as you might think.