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NextEra to swap gas pipelines for renewables and green hydrogen

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NextEra to swap gas pipelines for renewables and green hydrogen | Windpower Monthly

NextEra to swap gas pipelines for renewables and green hydrogen

Florida-headquartered NextEra Energy Partners has announced plans to divest its natural gas pipeline assets in order to invest up to $20 billion in green hydrogen and renewable energy.

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Related Knowledge Center: ENERGY BASICS: renewables

State of Play

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.

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