Clean Energy
Visualizing Clean Energy and Emissions Goals by State
The following content is sponsored by the National Public Utilities Council
Visualized: Clean Energy and Emissions Goals by State
In its Nationally Determined Contribution to the Paris Agreement, the U.S. set a target of reducing its greenhouse gas (GHG) emissions by 50-52% below 2005 levels by 2030, as well as achieving 100% carbon-free electricity by 2035.
To discover how each state is contributing to these goals, this graphic sponsored by the National Public Utilities Council provides an overview of each state’s ultimate clean energy or GHG emission reduction goal.
Varying Commitments
An analysis of the aggregated data by S&P Commodity Insights reveals a broad spectrum of clean energy and emission reduction goals in the United States.
While some states have more ambitious goals of attaining 100% clean energy by 2040, others, such as Ohio, have opted for more modest and short-term targets, aiming to achieve 8.5% renewable electricity by 2026.
Eleven states, or 22%, have never set clean energy or emission reduction goals. These states include Alabama, Florida, Georgia, Mississippi, Tennessee, and West Virginia.
Similarly, another ten states (20%) have expired goals with target dates as far back as 2015. These ten states, including the Dakotas, Missouri, Kansas, Montana, and Oklahoma, have not reset their goals since.
Shares of Clean Energy by State
To get a glimpse into how far each state has to go in achieving its goal, a snapshot of the use of clean electricity in each state is shown below.
Using data from the Nuclear Energy Insitute, the bars show each state’s 2021 share of emission-free electricity broken down by nuclear and various renewables.
While clean electricity made up 70% or more of the electricity mix in several states, nuclear and renewable energy sources comprised approximately 40% of total U.S. electricity generation in 2021.
To hit its 100% carbon-free electricity goal, therefore, the U.S. needs a minimum 4.3% annual increase in clean electricity generation through 2035. For context, an average annual growth of 2.4% was observed in the last five years.
On the GHG reduction side of things, emissions were 17% below 2005 levels in 2021, showing the need for an additional 35% reduction by 2030.
As these figures show, achieving the ambitious clean energy and emissions reduction goals in the U.S. will require a significant ramp-up of clean electricity generation in the upcoming years, along with accelerated decarbonization efforts across all sectors.
Clean Energy
Which U.S. Utilities Are Investing in Clean Energy the Most?
In this graphic, we show which U.S investor-owned utilities have allocated the most capital expenditure toward clean energy.
Which U.S. Utilities Are Investing in Clean Energy the Most?
Decarbonizing the power sector will require significant investments in clean energy as utilities replace existing fossil fuel infrastructure.
In this graphic, we show which U.S investor-owned utilities (IOUs) have allocated the most capital expenditure (CAPEX) toward carbon-free sources of electricity.
The data comes from the latest edition of the Annual Utility Decarbonization Index, created in partnership with the National Public Utilities Council, which quantifies and compares the status of decarbonization among the largest U.S. IOUs.
The Carbon-Free Investment Ranking
The Utility Decarbonization Index ranks companies on six metrics based on the latest available data, specifically those that pertain to their fuel mix, carbon emissions, and decarbonization goals.
The sixth and final metric measures the share of each utility’s planned CAPEX for carbon-free electricity generation, such as nuclear power and renewables.
Here are the top scorers out of the 47 IOUs included in the report.
Rank | Company | Share of Planned Generation CAPEX Allocated To Nuclear & Renewables |
---|---|---|
#1 | NextEra Energy | 100% |
#2 | Public Service Enterprise Group | 100% |
#3 | Avangrid | 100% |
#4 | Pacific Gas and Electric* | 96% |
#5 | Alliant Energy | 94% |
#6 | National Grid | 93% |
#7 | AES Corporation | 92% |
#8 | Constellation Energy | 90% |
#9 | WEC Energy | 90% |
#10 | Emera | 86% |
#11 | Dominion Energy* | 84% |
#12 | American Electric Power | 83% |
#13 | TransAlta | 81% |
#14 | MGE Energy | 78% |
#15 | Duke Energy | 68% |
#16 | Evergy | 68% |
#17 | DTE Energy Company | 67% |
#18 | Fortis Inc. | 67% |
#19 | Consumers Energy | 66% |
#20 | Southern Company | 63% |
*Planned CAPEX unreported, shows 2022 realized CAPEX
Avangrid climbed to first place in 2022, tying with NextEra and PSEG, who both maintained their 100% carbon-free investment plans from 2021. This marks an improvement from Avangrid’s 98% the year prior.
Meanwhile, National Grid pulled off the most significant percentage increase, from 3% to 93% from 2021 to 2022.
Overall, carbon-free investment is up 3 percentage points year-over-year from 63% to 66% for the top 47 IOUs.
Which Utilities Are Included in the Decarbonization Index?
The IOUs ranked in this year’s Utility Decarbonization Index are the 47 largest in the U.S. by their 2022 net owned and purchased electricity generations.
U.S. IOUs that had fewer than 2 million megawatt-hours (MWh) of owned generation were excluded from the report.
The 47 IOUs featured in the Index accounted for over two-thirds of the nation’s electricity generation in 2022. As a result, these utilities’ decarbonization efforts will significantly impact the 33% of U.S. emissions that come from the power sector.
Download the 2024 Annual Utility Decarbonization Report
In addition to the Decarbonization Index, there’s much more to explore in the 2024 report, including:
- Inflation Reduction Act impacts
- Market trends
- Year-to-year progressions
- Fuel mix rankings for the largest public utilities
- Gas utility emissions rankings
Are you interested in seeing the rest of the rankings? Download the 2024 NPUC Annual Utility Decarbonization Report now.
Clean Energy
Visualized: Renewable Energy Capacity Through Time (2000–2023)
This streamgraph shows the growth in renewable energy capacity by country and region since 2000.
Visualized: Renewable Energy Capacity Through Time (2000–2023)
Global renewable energy capacity has grown by 415% since 2000, or a compound annual growth rate (CAGR) of 7.4%.
However, many large and wealthy regions, including the United States and Europe, maintain a lower average annual renewable capacity growth.
This chart, created in partnership with the National Public Utilities Council, shows how each world region has contributed to the growth in renewable energy capacity since 2000, using the latest data release from the International Renewable Energy Agency (IRENA).
Renewable Energy Trends in Developed Economies
Between 2000 and 2023, global renewable capacity increased from 0.8 to 3.9 TW. This was led by China, which added 1.4 TW, more than Africa, Europe, and North America combined. Renewable energy here includes solar, wind, hydro (excluding pumped storage), bioenergy, geothermal, and marine energy.
During this period, capacity growth in the U.S. has been slightly faster than what’s been seen in Europe, but much slower than in China. However, U.S. renewable growth is expected to accelerate due to the recent implementation of the Inflation Reduction Act.
Overall, Asia has shown the greatest regional growth, with China being the standout country in the continent.
Region | 2000–2023 Growth | 10-Year Growth (2013–2023) | 1-Year Growth (2022–2023) |
---|---|---|---|
Europe | 313% | 88% | 10% |
China | 1,817% | 304% | 26% |
United States | 322% | 126% | 9% |
Canada | 57% | 25% | 2% |
It’s worth noting that Canada has fared significantly worse than the rest of the developed world since 2000 when it comes to renewable capacity additions. Between 2000 and 2023, the country’s renewable capacity grew only by 57%.
Trends in Developing Economies
Africa’s renewable capacity has grown by 184% since 2000 with a CAGR of 4%.
India is now the most populous country on the planet, and its renewable capacity is also rapidly growing. From 2000–2023, it grew by 604%, or a CAGR of 8%.
It is worth remembering that energy capacity is not always equivalent to power generation. This is especially the case for intermittent sources of energy, such as solar and wind, which depend on natural phenomena.
Despite the widespread growth of renewable energy worldwide, IRENA emphasizes that global renewable generation capacity must triple from its 2023 levels by 2030 to meet the ambitious targets set by the Paris Agreement.
Learn how the National Public Utilities Council is working toward the future of sustainable electricity.
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