Wind Energy's Summer Slump Bolsters Natural Gas Dominance

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Wind Energy's Summer Slump Bolsters Natural Gas Dominance
Wind PowerRenewable EnergyElectricity Demand
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Natural gas takes center stage as wind power struggles to meet summer demand, highlighting the importance of reliable energy sources.

Last week, U.S. wind power output slumped to the lowest in almost three years, and generators ramped up natural gas use to keep the lights on. This is not a glitch or a one-time occurrence. It is simply the reality and highlights the difference between reliability and climate ambitions. And the former will always trump the latter. July has not been a good month for wind energy in the United States.

“The 4% growth expected for 2024 is the highest since 2007, with the exceptions of the sharp rebounds in 2010 after the global financial crisis and in 2021 following the Covid-induced demand collapse,” the IEA wrote in a report cited by Bloomberg. The agency, however, added an optimistic note, saying that solar would meet “roughly half of the growth in global electricity demand to 2025. Together with wind power generation, it will make up almost 75% of the increase.

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