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EIA: U.S. Wind Generation to Surpass Hydropower This Year

EIA:  U.S. Wind Generation to Surpass Hydropower This Year

SUGAR LAND--January 26, 2018--Researched by Industrial Info Resources (Sugar Land, Texas)--In its latest Short-Term Energy Outlook, the U.S. Energy Information Administration (EIA) says that power generated from wind in the U.S. is expected to surpass hydropower generation this year. The transition comes as weather forecasts show a drier year than 2017 and new windfarms are added to the U.S. generation mix. Industrial Info is tracking $1.37 billion in U.S. hydropower projects planned to kick off in 2018, compared with more than $60.5 billion in U.S. wind projects.

Within this article: Details of wind and hydro projects from companies including CMS Energy Corporation (NSYE:CMS) and Tennessee Valley Authority (NYSE:TVE)

Other companies featured: General Electric (NYSE:GE)