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EIA: Renewable Generation to Dip in 2018, Bounce Back in 2019 on Hydropower
Industry Segment: Power | Word Count: 808 Words
SUGAR LAND--January 12, 2018--Researched by Industrial Info Resources (Sugar Land, Texas)--The U.S. Energy Information Administration (EIA) says it expects total domestic generation from renewables to drop 3% in 2018, then to increase 7% in 2019. The initial dip is attributed largely to hydropower, which is expected to drop 12% in 2018, then jump 2% in 2019. By comparison, renewable energy from non-hydropower (largely wind and solar) is forecast to grow 3% in 2018 and 9% in 2019, according to the EIA's Short-Term Energy Outlook. Industrial Info is tracking $31.4 billion in active, renewable-generated U.S. power projects that are set to finish construction in 2018.
Within this article: Details on some of the highest-valued renewable-energy projects set to wrap up in the next 12 months, including highly anticipated work from companies such as Consolidated Edison Incorporated (NYSE:ED), First Solar Incorporated (NASDAQ:FSLR), NRG Energy Incorporated (NYSE:NRG), NextEra Energy Incorporated (NYSE:NEE), Invenergy LLC, Alliant Energy Corporation (NYSE:LNT) and Enel Green Power North America Incorporated.
Other companies featured: General Electric (NYSE:GE)
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