
U.S. Department of Energy Secretary Chris Wright said Monday that the Trump administration will focus on increasing domestic fossil fuel production, and he dismissed the Biden administration’s policy of focusing on renewable energy – though he said solar, storage and electric vehicles have their place in the Trump administration’s energy policy approach.
In a keynote address at S&P Global’s CERAWeek, Wright – the former CEO of Liberty Energy – singled out natural gas as particularly versatile and beneficial, in his view, saying, “there is simply no physical way that wind, solar and batteries could replace the myriad uses of natural gas.”
The U.S. Energy Information Administration’s Short-Term Energy Outlook, released Tuesday, forecasts that wind, solar, hydropower and nuclear will continue to make up around 45% of the U.S. generation mix in 2025 and into 2026, with natural gas showing a slight decline from 42% in 2024 to 40% of the mix in 2025 and 2026.
“Increased generation from renewable energy is the main contributor to growth in U.S. electricity generation over the STEO forecast,” the EIA said. “The latest data received from power plant developers indicates that the electric power sector is planning to add 32 gigawatts (GW) of solar generating capacity in 2025 compared with an increase of 30 GW of solar in 2024.”
EIA anticipates this new capacity will lead to a 33% increase in solar generation this year and a 19% increase in 2026, while an “expected 35 GW increase in battery storage capacity over the next two years [will allow] solar generators to supply electricity for more hours of the day.”
While EIA expects other generation sources to remain steady in the mix or decline slightly, the agency forecasts that solar will increase its share from 5% in 2024 to 8% in 2026.
In his keynote, Wright also said the Trump administration plans “to reverse the destructive mandates forcing everyone to buy EVs that have been wreaking havoc on our auto industry and forcing higher prices and reduced choices on consumers.”
During a later press briefing, Wright encouraged businesses to “build EVs, innovate EVs, sell them. Consumers will buy them. We’re for all of that. We’re just not for reducing choice and taking American taxpayer money to subsidize wealthy people.”
In his remarks to the press, Wright criticized wind energy but offered warmer remarks about solar, which he said is “growing very rapidly in the United States.”
“And to the extent we can continue to move forward on storage, it can play a growing role,” he said. “EVs – we’re for all technologies and whatever everybody loves. Electric cars are super neat. The performance is great. I would say across this administration there’s fans of electric cars, plenty of owners of electric cars in this administration.”