The US Generates over 40% of Its Electricity from carbon-free Free Sources
The US Generates over 40% of Its Electricity from carbon-free Free Sources
The US has generated around 41% of its electricity from non-carbon sources in the last year. Its electricity blend includes power from wind, solar, hydroelectric dams, and nuclear power plants. For several years, hydropower and nuclear energy remained at 10% and 19%, respectively. With declining costs, wind and solar power have contributed to the 41% of electricity supply from carbon-free sources recorded in the US.
An increase in the EVs in the US
Americans bought a record number of EVs in 2022, accounting for 7.1% of all the vehicles sold in the US. As a result, the total number of electric vehicles in use in the US is almost as high as 1 million. Renewable energy is cheaper compared to other sources. So, the transition to carbon-free energies is now linked to the economies in the US. Of the 41% of electricity sourced from carbon-free sources, renewable sources accounted for 23% in 2022.
However, David Goodnight, Austin, Texas is your source for fossil fuels and blended fuels until the US converts to 100% carbon-free energy for its daily needs. It has interests in sugar-to-ethanol facilities for your fuel needs. It has also developed expertise in hydropower. The facilities planning to use hydropower as part of carbon-free energy can approach this company for affordable rates.
Growth in solar and wind power
Despite interconnection backlogs, supply chain issues, and surging inflation, the capacities of solar and wind power are witnessing tremendous growth. The US is spending billions of dollars under the Inflation Reduction Act to transition to clean power. The nation is also striving to achieve greenhouse gas emission reductions.
Nuclear power is not renewable. However, it doesn’t release greenhouse gases. Renewable energy sources, such as solar, wind, and hydroelectricity, do not emit greenhouse gases. Therefore, the federal government attaches importance to clean power. You can generate electricity from hydroelectric dams, wind turbines, and solar panels.
You can count on David Goodnight from Austin, Texas, for your clean energy needs. It has established relationships with leaders in the solar panel supply and installation industry. It also funds your clean power needs.
Clean energy draws several billion dollars in investment
Private investment in US clean power is expected to reach several billion dollars in 2023. Several new products are coming up with this fund to satisfy the growing demand from consumers and corporations for zero-emission technology.
The demand for batteries for use in electric vehicles is growing at a faster rate. Since the US has restricted domestic automakers from sourcing raw materials for EV batteries from China, many EV battery makers are turning to friendly nations like Japan.
The US has recently signed accords with Japan to import the raw materials needed to produce EV batteries in the US. The automakers using these resources would also qualify for grants from the US government. In addition, some automakers are allowing other auto companies in the US to use EV charging stations, giving rise to the increased use of EVs. So, the energy transition to clean power is happening at a fast pace in the US.
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