ICF: 445 GW of solar and storage capacity needed by 2030 as U.S. electricity demand surges 39% by 2035
By
Ethan Howland
Summary
ICF consulting firm projects 445 GW of new power generation capacity — primarily solar and energy storage — will come online by 2030 to meet surging U.S. electricity demand. PJM and ERCOT have no spare capacity for demand growth beyond 2027. The report suggests demand response and grid-enhancing technologies (GETs) can help address an expected 39% increase in U.S. electric use by 2035.
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Key quotes
· 3 pulledPJM and ERCOT have no spare capacity for demand growth beyond 2027, the consulting firm said.
Demand response and GETs can help meet an expected 39% jump in U.S. electric use by 2035, it suggests.
445 GW — mainly solar, storage — to come online by 2030 as demand growth surges: ICF
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