Electricity in the United States in the context of Texas Interconnection


Electricity in the United States in the context of Texas Interconnection

⭐ Core Definition: Electricity in the United States

The United States has the second largest electricity sector in the world, with 4,178 Terawatt-hours of generation in 2023. In 2023 the industry earned $491b in revenue (1.8% of GDP) at an average price of $0.127/kWh.

There are three major synchronous electrical grids in the continental US: the Eastern Interconnection, the Western Interconnection and the Texas Interconnection. Within these physical grids, there are Independent System Operators and Regional transmission organizations, which are not-for-profit organizations that operate an area of the grid and are obliged to provide indiscriminate access to various suppliers (e.g. power plant owners, transmission line providers) to promote competition. Some areas instead have a vertically integrated utility like Southern Company where everything is done by one company.

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Electricity in the United States in the context of Wind power in the United States

Wind power is a branch of the energy industry that has expanded quickly in the United States over the last several years. In 2024, 453.5 terawatt-hours were generated by wind power, or 10.54% of electricity in the United States. The average wind turbine generates enough electricity in 46 minutes to power the average American home for one month. In 2019, wind power surpassed hydroelectric power as the largest renewable energy source in the U.S. In March and April of 2024, electricity generation from wind exceeded generation from coal, once the dominant source of U.S. electricity, for an extended period for the first time. The federal government and many state governments have policies that guide and support the development of the industry, including tax credits and renewable portfolio standards.

As of December 2023, the total installed wind power nameplate generating capacity in the United States was 147,500 megawatts (MW), up from 141,300 megawatts (MW) in January 2023, although total energy generation declined slightly due to weather conditions. This capacity is exceeded only by China and the European Union. Thus far, wind power's largest growth in capacity was in 2020, when 16,913 MW of wind power was installed. Following behind it were 2021, during which 13,365 MW were installed, and 2012, which saw the addition of 11,895 MW, representing 26.5% of new power capacity installed in 2012.

View the full Wikipedia page for Wind power in the United States
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