Commodities 2024: Massive renewables additions expected to put coal in back seat
December 20, 2023 Comments Off
The US is projected to add 40.6 GW of renewable capacity in 2024, with wind and solar surpassing coal-fired generation for the first time, as recently announced guidance on domestic manufacturing is expected to help strengthen the clean energy build out. Coal-fired generation will have the sharpest drop due to renewable energy growth, low natural gas prices and continued coal…
Commodities 2024: Massive renewables additions expected to put coal in back seat
The US is projected to add 40.6 GW of renewable capacity in 2024, with wind and solar surpassing coal-fired generation for the first time, as recently announced guidance on domestic manufacturing is expected to help strengthen the clean energy build out. Coal-fired generation will have the sharpest drop due to renewable energy growth, low natural gas prices and continued coal…
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