EIA: renewables to hit 40.4% of US capacity, overtake gas within a year

The EIA projects renewables' share of US generating capacity will rise from 37.7% to 40.4% over the next year, surpassing natural gas. Renewable output grew 10.2% year over year in January–August 2026, with capacity up 43.5 GW.

• Renewables' capacity share to rise from 37.7% to 40.4% by August 2027
• Renewable generation grew 10.2% year over year in first 8 months of 2026
• Renewable capacity rose 43.5 GW vs 2.6 GW net for fossil fuels and nuclear
• EIA expects 53.1 GW of new renewables and 23.7 GW of battery storage