New Power Generation Quarterly: Annual Update — 2019
As coal plants retire and new renewable generation becomes more cost effective than existing gas-fired generation, electric generation capacity continues to grow. Total power generation capacity followed its upward trajectory in 2019. Although the year’s added generation capacity of 25.7 gigawatts is not the highest on record, in the last 15 years it is second only to 2018’s total of 34.7 gigawatts.