Currents - Energy Industry Insights: Volume 5, Issue 2 - January 2021

Renewables to Dominate New U.S. Power Capacity in 2021 -

"Renewable energy, mostly solar and wind, are set to account for more than two-thirds of the new electricity generation capacity that the United States will install this year."

Why this is important: The trend towards renewable energy sources and away from fossil fuels continues into 2021 and likely the foreseeable future. Although record-setting investment in clean energy is good for the environment, the cost of these resources are often borne by utility ratepayers as well as who own them (whether the utility or private investment) and will be debated for years to come. The key to continued investment in clean energy is balancing the costs and risks to ratepayers against the environmental benefits of the assets.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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