Strong US Clean Energy Growth to Continue Despite Election Headwinds
The US is on track to see over 25% growth in annual clean energy installations this year, according to BloombergNEF’s 2H 2024 US Clean Energy Market Outlook.
BNEF expects the US to hit an all-time high of 65 gigawatts of new solar, wind and energy storage additions this year despite persistent structural hurdles like permitting and grid connections. Annual clean energy installations are set to average 102GW over the next 11 years – quadruple the 26GW averaged over the past 11 years – in BNEF’s base case view.
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