U.S. WIND POWER GENERATION HIT RECORD IN APRIL 2024, EXCEEDING COAL-FIRED GENERATION
04 Sep 2024
Electricity
generation from wind established a new record in the United States in April,
and wind generation exceeded coal-fired generation in both March and April,
data from our July 2024 Monthly
Energy Review show.
U.S. wind generation exceeded coal-fired
generation for the first time in April 2023 but did not do so again until 11
months later. This past spring was the first time U.S. wind generation has
exceeded coal-fired generation for two months in a row. Wind power generally produces
the most electricity in the springtime in the United States.
This TIE was updated August 14, 2024 and August 27, 2024 to
correct the units.
Data
source: U.S. Energy Information Administration, Monthly
Energy Review
Wind installations in the United States produced 45.9
terawatthours (TWh) of electricity in March 2024, compared with 38.4 TWh from
coal-fired power plants. In April 2024, coal-fired generation fell to 37.2 TWh.
Wind generation, meanwhile, increased to a record 47.7 TWh. However, during the
first four months of 2024, coal-fired generation was 15% higher than wind
generation in the United States.
Recent electricity generation from coal and wind is much
different compared with 20 years ago. In March 2004, coal-fired generation
produced 154.3 TWh of electricity, while wind produced 1.3 TWh.
Installed wind power generating capacity has increased
substantially in the United States over the last 25 years, growing from 2.4
gigawatts (GW) in 2000 to 150.1 GW in April 2024. By contrast, a substantial
number of coal plants have retired over the past 25 years, with total coal
capacity falling from 315.1 GW in 2000 to 177.1 GW by April 2024.
Other sources of electricity generation have also increased
during the time that coal-fired generation has declined. Since 2000,
electricity from solar power has increased by 99.1 TWh, and generation from
natural gas, which is often more price competitive than coal in electricity
market dispatch, has increased by 287.6 TWh.
Following the record wind capacity additions of
more than 14.0 GW in both 2020 and 2021, introduction of new U.S. wind
facilities has slowed in the last two years. Operators
expect 7.1 GW of wind capacity to come online in the United
States in 2024, according to our July Monthly Energy Review.
After 22.3 GW of U.S. coal-fired electric
generating capacity retired over the past two years, operators plan to slow
coal retirements in 2024. Operators plan
to retire 2.8 GW of coal-fired capacity in 2024, data from our
July Monthly Energy Review show.