Today, 22.5 percent of U.S. electricity is made up of renewable energy. If construction of sustainable energy sources continues at the same pace as today, it could account for a little more than a third of U.S. electricity consumption in 2030. This is what sustainable technology magazine PV-tech writes in an article. That's a far cry from U.S. President Joe Biden's goal of 80 percent of the country's energy being renewable.
According to data from the Energy Information Administration (EIA) and the Federal Energy Regularoty, 50 percent renewable energy is a more realistic target if development continues upwards as it has in the coming years. Solar power has had an average development curve of about 30 percent annually, but development has decreased slightly in recent years. Wind power has increased by 10 percent annually on average since 2014.
Biden's goal isn't completely ruled out
According to the data, the target of 50% renewable energy should be realistic, provided that wind power doubles and solar energy increases by a total of 600% over the period 2020-2030. Then wind and solar energy would account for 20% each and other renewable energy sources for the last 10%.
However, President Biden's goals are not completely excluded in the article. If the development takes place at a much higher pace than expected and with the help of both public and private investments, the high targets of 80% are possible. In that scenario, wind power would account for 25% and solar energy for 45% of energy consumption.
