Analysis: Why are US utilities selling large renewable energy portfolios?
Analysis: Why are US utilities selling large renewable energy portfolios? | Windpower Monthly
Analysis: Why are US utilities selling large renewable energy portfolios?
Several US utilities have announced or completed multi-billion dollar sales of their unregulated renewable energy assets in recent months. Windpower Monthly explores the reasons for the sales.
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Related Knowledge Center: ENERGY BASICS: renewables
Renewable energy sources — once the fuel of the future, then practical in specific, narrow applications — are increasingly economic mainstream sources of power generation. Hydropower was long the mainstay of U.S. renewable electricity generation, although wind power surpassed hydro for the first time in 2019, and solar continues its rapid growth. The continued growth of wind and solar, with their fluctuations, is tied in part to improvements in storage technology: batteries.