GITNUX MARKETDATA REPORT 2024

Us Renewable Energy Industry Statistics

The US renewable energy industry is expected to continue growing rapidly, driven by strong investments and increasing adoption of renewable technologies.

Highlights: Us Renewable Energy Industry Statistics

  • In 2020, renewable energy provided around 21% of all electricity generation in the United States.
  • In 2020, wind energy was the largest source of renewable energy in the US, producing about 338 billion kWh, or 8.4% of total energy generation.
  • The cumulative installed solar PV capacity in the U.S. exceeded 97.2 GW in 2020.
  • In 2020, renewable energy made up around 12% of total US energy consumption.
  • 39% of all new US electricity capacity additions in 2020 were from solar energy.
  • By the end of 2020, there were over 122,000 wind turbines operating in the United States.
  • The US hydropower capacity stands at over 80 GW, contributing to 6.6% of total electricity generation in 2020.
  • In 2020, 46% of all renewable energy consumed in the US was from biomass.
  • As of 2020, Texas was the leader in renewable energy production from wind and solar.
  • Biomass is the largest source of renewable energy consumption in the U.S., with the sector contributing about 5% of total primary energy use.
  • The geothermal power capacity of the U.S. stood at 3.7 GW in 2020.
  • Renewable energy industry in the U.S. employed around 880,000 people in 2020.
  • Renewable energy consumption in the U.S. increased for the fourth year in a row to a record 11.6 quadrillion British thermal units (Btu) in 2019.
  • By 2020, biomass energy was the third largest renewable energy source in terms of consumption in the US, behind solar and wind energy.
  • In 2020, power plants in the United States consumed 22.2 million short tons of wood pellets as biomass fuel.
  • The U.S. Department of Energy projects that by 2050, more than half of the nation’s electricity will come from renewable sources.
  • As of 2020, there were about 2,500 utility-scale wind projects across 41 U.S. states.
  • In 2020, the U.S. bioenergy power capacity was about 14 GW.
  • In 2020, the United States had over 22,000 megawatts of cumulative installed geothermal capacity.

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The renewable energy industry in the United States is rapidly evolving, driven by a growing emphasis on sustainability and a shift towards cleaner energy sources. In this blog post, we will delve into the latest statistics and trends shaping the US renewable energy sector to provide valuable insights into its current state and future prospects. From solar and wind power to hydropower and bioenergy, we will explore key figures and metrics that showcase the industry’s progress and potential for further growth. Join us as we uncover the fascinating world of US renewable energy industry statistics.

The Latest Us Renewable Energy Industry Statistics Explained

In 2020, renewable energy provided around 21% of all electricity generation in the United States.

In 2020, renewable energy sources, including wind, solar, hydroelectric, and geothermal power, contributed approximately 21% of the total electricity generated in the United States. This statistic indicates a significant increase in the share of renewable energy in the country’s electricity mix, highlighting a shift towards cleaner and more sustainable sources of power. The growth of renewables in the energy sector reflects both technological advancements and increasing awareness of the environmental benefits of reducing reliance on fossil fuels. Achieving a substantial portion of electricity generation from renewable sources also aligns with national and global efforts to address climate change and reduce greenhouse gas emissions.

In 2020, wind energy was the largest source of renewable energy in the US, producing about 338 billion kWh, or 8.4% of total energy generation.

In 2020, wind energy emerged as the leading source of renewable energy in the United States, accounting for approximately 8.4% of the total energy generation, with an output of around 338 billion kilowatt-hours (kWh). This statistic highlights the significant contribution of wind power towards the country’s energy mix, underscoring its growing importance as a clean and sustainable energy source. The rise of wind energy demonstrates a shift towards a more environmentally friendly energy landscape, showcasing the potential for renewables to play a larger role in meeting energy demands while reducing greenhouse gas emissions and combatting climate change.

The cumulative installed solar PV capacity in the U.S. exceeded 97.2 GW in 2020.

The statistic that the cumulative installed solar PV capacity in the U.S. exceeded 97.2 GW in 2020 indicates the total amount of solar power generation capacity that has been installed in the United States up to that point in time. This figure represents the combined capacity of all solar photovoltaic systems operating in the country, including both residential and commercial installations. The fact that the capacity has surpassed 97.2 GW highlights the significant growth of solar energy deployment in the U.S., reflecting the increasing adoption of renewable energy sources in the country’s energy mix and the efforts to reduce reliance on fossil fuels for electricity generation.

In 2020, renewable energy made up around 12% of total US energy consumption.

In 2020, renewable energy sources accounted for approximately 12% of the overall energy consumption in the United States. This statistic indicates the proportion of energy derived from renewable sources, such as wind, solar, hydroelectric, and geothermal, relative to the total energy consumption nationwide. The increasing share of renewable energy in the US energy mix reflects a growing emphasis on reducing reliance on fossil fuels and transitioning to more sustainable and environmentally friendly alternatives. While 12% is a significant milestone, there is still substantial room for growth and further adoption of renewable energy technologies to achieve broader sustainability and climate goals in the future.

39% of all new US electricity capacity additions in 2020 were from solar energy.

The statistic ‘39% of all new US electricity capacity additions in 2020 were from solar energy’ indicates that nearly 4 out of every 10 units of new electricity generating capacity added in the United States in 2020 came from solar energy sources. This suggests a significant shift towards renewable energy sources in the country’s electricity generation sector, highlighting the growing importance of solar energy as a key contributor to meeting energy demands and reducing reliance on fossil fuels. This data underscores the increasing adoption of solar energy technology as a sustainable and environmentally friendly alternative to traditional forms of electricity generation in the United States.

By the end of 2020, there were over 122,000 wind turbines operating in the United States.

The statistic “By the end of 2020, there were over 122,000 wind turbines operating in the United States” indicates the significant growth and adoption of wind energy as a renewable energy source in the country. Wind turbines are used to harness the power of wind to generate electricity, and the fact that there are over 122,000 of them in operation signifies a substantial investment in renewable energy infrastructure. This statistic reflects the United States’ increasing commitment to reducing reliance on fossil fuels and transitioning towards cleaner energy sources to address climate change and promote sustainability. The widespread deployment of wind turbines also highlights the potential for further expansion of renewable energy capacity in the nation’s energy portfolio.

The US hydropower capacity stands at over 80 GW, contributing to 6.6% of total electricity generation in 2020.

The statistic indicating that the US hydropower capacity is over 80 GW and contributes to 6.6% of total electricity generation in 2020 highlights the significant role of hydropower in the country’s energy mix. Hydropower, generated from flowing water, provides a renewable and clean source of electricity. The 80 GW capacity signifies the collective potential of hydropower plants across the US, demonstrating a substantial ability to generate electricity. The contribution of 6.6% to total electricity generation underscores that hydropower plays a crucial role in meeting the nation’s energy needs and reducing reliance on fossil fuels. This statistic reflects the importance of hydropower as a renewable energy source in the US electricity sector.

In 2020, 46% of all renewable energy consumed in the US was from biomass.

The statistic that 46% of all renewable energy consumed in the US in 2020 was from biomass indicates the significant contribution of biomass sources such as wood, crops, and organic waste to the country’s renewable energy portfolio. Biomass energy is derived from organic materials and provides a sustainable alternative to fossil fuels, helping to reduce greenhouse gas emissions and combat climate change. This statistic highlights the importance of biomass as a key renewable energy source in the US energy mix, offering opportunities for further growth and development in the transition towards a more sustainable and environmentally friendly energy system.

As of 2020, Texas was the leader in renewable energy production from wind and solar.

The statistic “As of 2020, Texas was the leader in renewable energy production from wind and solar” indicates that Texas generated the most electricity from wind and solar sources compared to other states in the United States. This data suggests that Texas has invested significantly in renewable energy infrastructure, such as wind farms and solar panels, and has the capacity to produce a substantial amount of clean energy. It also reflects a growing trend in the energy sector towards transitioning to more sustainable and environmentally friendly sources of power. Texas’ leadership in renewable energy production underscores the state’s commitment to reducing its carbon footprint and contributing to a more sustainable energy future.

Biomass is the largest source of renewable energy consumption in the U.S., with the sector contributing about 5% of total primary energy use.

The statistic indicates that biomass is the predominant source of renewable energy utilization in the United States, accounting for approximately 5% of the country’s overall primary energy consumption. Biomass encompasses organic materials derived from plants and animals, including wood, crops, and waste. The fact that biomass holds the largest share among renewable energy sources highlights its importance in the national energy landscape and signifies a significant contribution towards reducing reliance on fossil fuels and decreasing carbon emissions. This statistic underscores the potential for further growth and development of biomass energy technologies to bolster the transition towards a more sustainable and environmentally-friendly energy system in the U.S.

The geothermal power capacity of the U.S. stood at 3.7 GW in 2020.

The statistic stating that the geothermal power capacity of the U.S. was 3.7 GW in 2020 highlights the total amount of electricity that can be generated by geothermal energy sources within the country during that year. This capacity figure represents the maximum potential output and signifies the infrastructure’s ability to produce renewable energy from natural heat sources beneath the earth’s surface. As a clean and sustainable form of energy, geothermal power plays a crucial role in diversifying the U.S. energy mix and reducing reliance on fossil fuels, thereby contributing to efforts aimed at combating climate change and promoting environmental sustainability.

Renewable energy industry in the U.S. employed around 880,000 people in 2020.

The statistic stating that the renewable energy industry in the U.S. employed around 880,000 people in 2020 highlights the significant role that this sector plays in the country’s job market. This figure signifies a substantial workforce dedicated to the development, implementation, and maintenance of renewable energy sources such as solar, wind, hydropower, and geothermal energy. The growth of employment in this sector reflects the increasing importance and investment in clean energy technologies in the U.S., driven by factors such as climate change concerns, policy support, and economic incentives. The statistic underscores the potential of the renewable energy industry not only in addressing environmental challenges but also in providing job opportunities and contributing to the overall economy.

Renewable energy consumption in the U.S. increased for the fourth year in a row to a record 11.6 quadrillion British thermal units (Btu) in 2019.

The statistic indicates that the consumption of renewable energy sources in the United States has been steadily rising over the past four years, reaching a new high of 11.6 quadrillion British thermal units in 2019. This growing trend signifies a shift towards cleaner and more sustainable energy sources in the country’s overall energy mix. The increase in renewable energy consumption can be attributed to various factors such as policy support, technological advancements, and greater awareness of the environmental benefits associated with renewable energy sources. This trend is a positive indication of the ongoing transition towards a more sustainable and environmentally friendly energy sector in the United States.

By 2020, biomass energy was the third largest renewable energy source in terms of consumption in the US, behind solar and wind energy.

The statistic suggests that by the year 2020, biomass energy had become the third most consumed renewable energy source in the United States, following behind solar and wind energy. This indicates that biomass, which is derived from organic materials like wood, crops, and organic waste, has gained significant traction as a viable and sustainable energy source in the US. The rise of biomass energy consumption highlights a growing recognition of the importance of diversifying renewable energy sources to reduce reliance on fossil fuels and mitigate environmental impacts associated with traditional energy sources. The ranking of biomass as the third largest renewable energy source in consumption signifies its potential contribution to the country’s renewable energy mix and the overall efforts towards a more sustainable and environmentally friendly energy sector.

In 2020, power plants in the United States consumed 22.2 million short tons of wood pellets as biomass fuel.

The statistic indicates that in 2020, power plants in the United States utilized 22.2 million short tons of wood pellets as biomass fuel. This highlights the significant reliance on biomass energy sources within the country’s power generation sector. Wood pellets are considered a renewable and sustainable alternative to traditional fossil fuels, contributing to reduced greenhouse gas emissions and promoting a more environmentally friendly energy mix. The large consumption of wood pellets signifies a growing trend towards diversifying energy sources and embracing cleaner technologies in the United States’ electricity generation industry.

The U.S. Department of Energy projects that by 2050, more than half of the nation’s electricity will come from renewable sources.

The statistic stating that by 2050 more than half of the nation’s electricity in the United States will come from renewable sources, as projected by the U.S. Department of Energy, indicates a significant shift towards sustainable energy production. This forecast suggests a growing focus on reducing reliance on traditional fossil fuels and transitioning towards cleaner and more environmentally friendly power sources such as solar, wind, hydroelectric, and geothermal energy. Achieving this goal would not only help combat climate change and reduce carbon emissions but also promote energy security and independence. Policymakers, industry stakeholders, and individuals alike can use this statistic as a benchmark for setting targets and implementing strategies to accelerate the transition to a more sustainable energy future in the country.

As of 2020, there were about 2,500 utility-scale wind projects across 41 U.S. states.

The statistic indicates that by the year 2020, there were approximately 2,500 utility-scale wind projects operational across 41 states in the United States. This suggests a significant growth and investment in wind energy infrastructure, showcasing the increasing emphasis on renewable energy sources in the country. Utility-scale projects typically refer to larger installations designed to generate electricity for the grid, highlighting the expansion of wind power as a key component of the nation’s energy portfolio. With a substantial presence in over three-quarters of U.S. states, this statistic illustrates the widespread adoption of wind energy as a pivotal contributor to meeting sustainability and climate goals.

In 2020, the U.S. bioenergy power capacity was about 14 GW.

The statistic states that in 2020, the total power capacity in the United States devoted to bioenergy sources was approximately 14 gigawatts. This measurement reflects the combined electrical output that can be generated from various bioenergy sources such as biomass, biogas, and biofuels. Bioenergy power capacity is a significant metric in assessing the country’s renewable energy infrastructure and its contribution to reducing reliance on fossil fuels. The 14 GW figure indicates the magnitude of renewable energy production from bioenergy sources, highlighting its role in diversifying the energy mix and working towards a more sustainable and environmentally friendly future in the U.S.

In 2020, the United States had over 22,000 megawatts of cumulative installed geothermal capacity.

The statistic stating that in 2020, the United States had over 22,000 megawatts of cumulative installed geothermal capacity highlights the significant progress made in utilizing geothermal energy as a renewable energy source. Geothermal energy is derived from the heat stored beneath the Earth’s surface and is harnessed to generate electricity. The fact that the U.S. had over 22,000 megawatts of cumulative installed capacity indicates the country’s commitment to diversifying its energy mix and reducing dependency on fossil fuels. This statistic showcases the potential for geothermal energy to play a crucial role in achieving sustainability goals and combating climate change by providing a reliable and environmentally friendly source of power.

Conclusion

The statistics presented clearly outline the significant growth and potential within the US renewable energy industry. As the demand for clean and sustainable energy sources continues to increase, it is evident that the industry will play a crucial role in powering the nation’s future. With ongoing advancements in technology and supportive government policies, the future looks bright for renewable energy in the United States.

References

0. – https://www.www.awea.org

1. – https://www.www.energy.gov

2. – https://www.www.eia.gov

3. – https://www.www.seia.org

4. – https://www.www.eesi.org

How we write our statistic reports:

We have not conducted any studies ourselves. Our article provides a summary of all the statistics and studies available at the time of writing. We are solely presenting a summary, not expressing our own opinion. We have collected all statistics within our internal database. In some cases, we use Artificial Intelligence for formulating the statistics. The articles are updated regularly.

See our Editorial Process.

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