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A Forecast For The Next Decade Of Alternative Energy

January 16, 2020

Via: Forbes

The 2020s will be a defining decade for alternative energy. Over the last decade, renewable energy costs dropped due to advancements in technology due to innovation and design, materials and manufacturing of wind turbines and solar panels.

What will the next 10 years bring for alternative energy? Here are three trends that will define the 2020s.

Renewables Will Outpace Oil

In the past decade, U.S. non-hydro renewables in the U.S. has grown as a percentage share of electricity generation. The U.S. Energy Information Administration (EIA) expects this trend to continue. Growth of an additional 60 billion kilowatt-hours (kWh) in power generation will come from non-hydro renewables in 2020.

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