US installs more solar in 2023 than ever before

[GP270watch]

The United States installed 32.4 GW of solar energy in 2023, a 51% increase from 2022. This is according to the “U.S. Solar Market Insight 2023 Year-in-Review” report released by SEIA and Wood Mackenize.

 Solar accounted for 53% of all new electric generating capacity added to the grid last year, the first time a renewable energy source has accounted for over 50% of annual capacity additions.

 This is amazing news. Solar is the cheapest new energy you can install on top of that the Inflation Reduction Act is offering incentives to subsidize and help stakeholders with the upfront investment.

Texas led the nation for new solar installations with 6.5 GW, eclipsing California for the second time in the last three years. California’s residential solar market will struggle in 2024 after changes to net metering policies take effect, contributing to a projected 36% decline across all segments in the state.

[Del Tachi]

States like Texas and Florida are leading in solar implementation because they're banking on utility-scale investments while the regulatory environment in states like CA favors less profitable PPA models.

It is something to see blue states surrender the green energy economy to red states, but own-goals like this are completely expected!   

[○∙◄☻¥tπ[╪AV┼cVê└]

States like Texas and Florida are leading in solar implementation because they're banking on utility-scale investments while the regulatory environment in states like CA favors less profitable PPA models.

It is something to see blue states surrender the green energy economy to red states, but own-goals like this are completely expected!   

California let PG&E raise rates so much that I think gasoline powered cars may now be cheaper per mile than electric cars.

[Del Tachi]

States like Texas and Florida are leading in solar implementation because they're banking on utility-scale investments while the regulatory environment in states like CA favors less profitable PPA models.

It is something to see blue states surrender the green energy economy to red states, but own-goals like this are completely expected!   

California let PG&E raise rates so much that I think gasoline powered cars may now be cheaper per mile than electric cars.

PG&E has to raise rates because regulators are making them promise the moon in terms of climate adaptation and resilience.  PG&E also doesn't get a cut from any rooftop solar installed in California, because these installations are governed by third-party power purchase agreements.

[dead0man]

there'd be even more without Trump's tariffs that Biden increased.  Sadly, protectionism is way more popular than the environment.

[○∙◄☻¥tπ[╪AV┼cVê└]

States like Texas and Florida are leading in solar implementation because they're banking on utility-scale investments while the regulatory environment in states like CA favors less profitable PPA models.

It is something to see blue states surrender the green energy economy to red states, but own-goals like this are completely expected!    

California let PG&E raise rates so much that I think gasoline powered cars may now be cheaper per mile than electric cars.

PG&E has to raise rates because regulators are making them promise the moon in terms of climate adaptation and resilience.  PG&E also doesn't get a cut from any rooftop solar installed in California, because these installations are governed by third-party power purchase agreements.

Only around 30% of the PG&E electric bill is for wholesale electric cost, so going full renewable isn't the problem.

[Del Tachi]

States like Texas and Florida are leading in solar implementation because they're banking on utility-scale investments while the regulatory environment in states like CA favors less profitable PPA models.

It is something to see blue states surrender the green energy economy to red states, but own-goals like this are completely expected!   

California let PG&E raise rates so much that I think gasoline powered cars may now be cheaper per mile than electric cars.

PG&E has to raise rates because regulators are making them promise the moon in terms of climate adaptation and resilience.  PG&E also doesn't get a cut from any rooftop solar installed in California, because these installations are governed by third-party power purchase agreements.

Only around 30% of the PG&E electric bill is for wholesale electric cost, so going full renewable isn't the problem.

Yes, and that 70% includes things a lot of useful stuff like maintenance and "hardening" of the physical electric grid as well as useless "feel good" stuff like energy efficiency and workforce development programs that state regulators require of PG&E.

[GP270watch]

there'd be even more without Trump's tariffs that Biden increased.  Sadly, protectionism is way more popular than the environment.

 I wonder how much longer this protectionism can last. I understand Biden wanted to increase U.S. manufacturing and keep IRA dollars in our economy but the Chinese are so good at renewable tech(mostly because they subsidize the crap out of it). BYD and CATL just announced that by the end of the year their battery prices should be 50% less. That is going to make both EV's and battery storage even more economical. The Chinese EV's are essentially banned in America but you can buy Chinese made home battery backups now and they're the cheapest around, a 50% decrease is just fantastic.

[GP270watch]

States like Texas and Florida are leading in solar implementation because they're banking on utility-scale investments while the regulatory environment in states like CA favors less profitable PPA models.

It is something to see blue states surrender the green energy economy to red states, but own-goals like this are completely expected!    

  

California let PG&E raise rates so much that I think gasoline powered cars may now be cheaper per mile than electric cars.

PG&E has to raise rates because regulators are making them promise the moon in terms of climate adaptation and resilience.  PG&E also doesn't get a cut from any rooftop solar installed in California, because these installations are governed by third-party power purchase agreements.

Only around 30% of the PG&E electric bill is for wholesale electric cost, so going full renewable isn't the problem.

 California still leads the way in Solar and DelTachi is talking nonsense as usual.

At the end of 2023, California had a total of 46,874 MW of solar capacity installed, enough to power 13.9 million homes in the state. California ranked as the highest solar power generating state in the nation, with solar power providing for 28% of the state's electricity generation. 63% of solar generation was produced by utility-scale solar farms, with the other 37% produced by distributed generation.