Most new power generating capacity in 2020 to come from wind, solar

  • Wind and solar power will dominate new electricity generation across the U.S. this year, according to a new forecast from the Energy Information Administration.
  • The EIA expects 42 GW of new electricity capacity this year, with solar and wind representing nearly 32 GW, or 76%, of the additions.
  • Wind accounts for the largest share of additions at 44%, followed by solar and natural gas at 32% and 22%, respectively.
  • The 18.5 GW of wind and 13.5 GW of new solar coming online this year would beat previous annual records for both electricity sources.
  • ETFs: XLE, XLU, TAN, PBW, FAN, ICLN, QCLN, PBD, PZD, HECO

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