Astonishing Things About New Energy, Part 2
5 Hard-to-Believe Renewable Energy Facts; Renewable energy from wind and solar went from impossibly expensive to nearly 10% of American electricity in less than 20 years. What's ahead may be even more astounding.
Maxx Chatsko, November 11, 2018 (The Motley Fool)
“…The United States exited 2017 with an estimated 115,000 megawatts of installed wind and utility-scale solar power capacity. It took decades, dozens of industry players, and tens of billions of dollars for the country to reach that level. If NextEra Energy has its way, then the next 115,000 megawatts might take significantly less effort…The company's power-generation subsidiary, NextEra Energy Resources, has plans to grow its renewable energy project backlog to 40,000 megawatts by 2020…
Perhaps equally impressive is the fact that each major region of the United States is represented in the ambitious portfolio, even those considered to have relatively poor renewable energy potential, whereas today, most wind and solar energy power capacity is concentrated in only a handful of states. Considering the business' current backlog is larger than its entire operating portfolio at the end of 2011, investors don't have to guess at the appetite for wind and solar projects among American electric utilities…” click here for more
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