What solar energy holds for the 2020s in America...
- Nov 6, 2019 12:32 pm GMT
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The Solar Energy Industries Association (SEIA) has declared the 2020s as the decade of solar energy, and everything seems to indicate that they’re on the right track. At the United States Energy Association’s 15th Annual State of the Energy Industry Forum, SEIA’s President and CEO Abby Hopper and a group of energy trade chief executives made it clear that solar energy will continue to be the fastest-rising power source throughout the 2020s.
The future of American energy holds many opportunities but many challenges as well, so this statement was bold. However, the clean-energy industry seems to be the most prepared to take the future by storm. In fact, it’s expected to define the coming decades, and solar is already an important player in the American clean-energy market.
Solar won’t stop there, though, and the industry is expected to see a huge transformation and take an even bigger piece of the electricity market. Clean energy is rising; only last year, a new solar project was installed every 100 seconds. In the future, solar capacity in America is projected to double in the next 5 years. That would mean 14 percent more solar energy than America has produced in its entire history.
According to EIA, utility-scale solar’s share of total generation in America will reach 10 percent this year, and it will grow to 17 percent in 2020 alone. This, along with wind power, is set to become the fastest-growing source of clean energy. This is why it doesn’t come as a surprise that the public supports solar energy so much and is willing to invest in it on a large scale.
Both the American consumer and the American economy are shifting every single day, which is why it’s not realistic to believe that the consumer of tomorrow will be satisfied with the current state of things. Clean energy is bound to grow even more and is projected to become the norm over the coming years. The world is politically and economically shifting towards clean energy, which is why policies supporting it are so essential to its growth and to the way it will affect our future.
Today, solar energy constitutes 2.5 percent of America’s electricity generation; by 2030, this is expected to grow up to 20 percent. Over the next decade, the focus within the solar industry will be on collaboration, partnerships, and growing expertise to overcome future challenges, adjusting to the changes along the way.
It’s essential that, as an industry, we create a shared vision for clean energy and that we work with that in mind to make our ambitious goals a reality rather than a pipe dream. The goal for solar energy is bold, but it’s not impossible, and that’s where the focus should be.
The 2020s will be a decade for action in the solar energy sector. I hope that we can work together towards a common goal that will take us further into the future of clean energy instead of repeating the mistakes of previous generations.