Biden To Announce Target Of 45% Solar-Powered Electricity By 2050

The Biden Administration is preparing to announce this week a goal of making solar energy account for as much as 45 percent of U.S. electricity generation by 2050, the New York Times reported on Wednesday, citing a new report from the U.S. Department of Energy. Solar power, including photovoltaic (PV) and solar thermal, accounted for 2.3 percent of America’s utility-scale electricity generation in 2020, according to data from the Energy Information Administration (EIA). To compare, the share of fossil fuels reached 60.3 percent, with natural…

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Categories: Energy