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New electric generating capacity in 2020 will come primarily from wind and solar

From eia.gov

According to the U.S. Energy Information Administration’s (EIA) latest inventory of electric generators, EIA expects 42 gigawatts (GW) of new capacity additions to start commercial operation in 2020. Solar and wind represent almost 32 GW, or 76%, of these additions. Wind accounts for the largest share of these additions at 44%, followed by solar and natural gas at 32% and 22%, respectively. The remaining 2% comes from hydroelectric generators and battery storage. Wind. Operators have scheduled 18.5 GW of wind capacity to come online in 2020, surpassing the record level of 13.2 GW set in 2012. More than 60%, or 11.2 ... (full story)

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  • Category: Fundamental Analysis