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We expect U.S. renewable energy-- mostly wind and solar--to climb 8% annually during the next decade

STOCK STRATEGIST INDUSTRY REPORTS

The Renewable Future, Utilities winners and losers as the U.S. goes green.

Travis Miller, Nov 18, 2019

Mentioned: Vistra Energy Corp (VST)CMS Energy Corp (CMS)Alliant Energy Corp (LNT)Xcel Energy Inc (XEL)NextEra Energy Inc (NEE)NiSource Inc (NI)Edison International (EIX)Exelon Corp (EXC)First Solar Inc (FSLR)NRG Energy Inc (NRG)

Renewable energy is still a small player in the U.S. energy ecosystem, accounting for just 10% of U.S. electricity sales and 7% of U.S. energy consumption, excluding hydropower. Oil, natural gas, nuclear, and even coal will keep us comfortable, charged, and on the go well into the next decade.

But we think renewable energy will grow faster than consensus forecasts. We expect U.S. renewable energy-- mostly wind and solar--to climb 8% annually during the next decade, reaching 22% of total electricity generation. Tech, consumer, and even oil and gas firms are rushing into renewable energy to establish sustainability cred, and politicians are greening up their resumes. Utilities that can harness this renewable energy growth will win big for investors; those that lack public support and struggle to execute will be left behind.

Observations:

This is the investment community take of the heavily subsided U.S. renewable energy, verbatim:

We expect U.S. renewable energy-- mostly wind and solar--to climb 8% annually during the next decade, reaching 22% of total electricity generation.”

With availability of 10% to 25% maximum of the yearly hours, empirical results so far were pegged at 1800 hrs/yr (20% of 8760 hrs/yr) it seems like a far-fetched dream.

At 20% of the yearly’s hours availability - to produce 22% of the grid’s electrical energy capacity - the “renewable energy-- mostly wind and solar” will have to have 1.1 of the grid capacity in TWh (energy)….  

A wet dream or some miscalculations…  The investors might mean 22% of the grid name plate in MW (or GW, TW) vs. 22% of the grid electrical energy in MWh (or GWh, TWh)…

https://www.morningstar.com/articles/956808/article

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