Renewable energy growth raises supply-demand reliability concerns

zerohedge.com

U.S. utilities generated 5% more electricity in the first half of 2024 compared to 2023, driven by rising demand and a hotter summer, according to the EIA. Renewable sources now account for over 21% of electricity, with solar power increasing by 42%. However, concerns persist about the reliability of renewables meeting future demand, especially as fossil fuel plants are phased out.


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