As coal burn declines, rising power demand will be primarily met by renewables: EIA
AI Summary
The U.S. Energy Information Administration expects the electric power sector to install more than 26 GW of battery storage next year. Renewables are projected to supply nearly a quarter of electricity consumption in 2027 as coal-fired generation declines and demand rises.
The electric power sector could install more than 26 GW of battery storage next year, helping support a renewable resource base expected to supply almost a quarter of 2027 consumption, EIA said.
Commodities Energy EIA battery storage renewable energy coal generation electricity demand power sector