3 Reasons wind power is poised for a breakout in 2020

Published onFebruary 6, 2020

Renewable energy is poised for a decade of epic growth. Utility-scale solar and onshore wind continue to smash through most forecasts from previous years. If favorable economics continue to drive investment in the renewable duo, then utility-scale solar and onshore wind could generate 30% of America’s total electricity in 2030, with all zero-carbon energy sources providing as much as 60%. While many projections expect solar power to eventually become the nation’s and the world’s top source of electricity, that milestone is still decades away. For now, wind power will continue to dominate the renewable energy landscape. In fact, three factors will make 2020 the biggest year yet for wind power and the renewable energy stocks driven by it.

Source: https://www.nasdaq.com/articles/3-reasons-wind-power-is-poised-for-a-breakout-in-2020-2020-02-05