Forecast: Total (Excluding Solid Biofuels) Renewable Energy in the US

Based on the forecasted data, the total renewable energy in the US (excluding solid biofuels) is expected to grow steadily from 2024 to 2028, with values increasing from 6.67% to 7.52% of the Total Primary Energy Supply. Given that the actual data from 2023 stood at a value of 6.45%, the year-on-year percentage variations indicate a consistent annual growth pattern.

Year-on-year variations are as follows:

- 2024: 6.5% increase from 2023

- 2025: 3.3% increase from 2024

- 2026: 3.2% increase from 2025

- 2027: 2.9% increase from 2026

- 2028: 2.8% increase from 2027

The Compound Annual Growth Rate (CAGR) over the forecasted period stands at 2.5%, reflecting a solid and consistent upward trend in renewable energy's share of the Total Primary Energy Supply.

Future Trends to Watch:

Monitoring technological advancements, policy changes, and investment levels in renewable energy will be crucial as they can significantly impact the rate of adoption and efficiency. Additionally, tracking shifts in energy consumption patterns and the integration of renewable energy into the existing infrastructure will provide valuable insights for future growth.