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U.S. Northeast, New England to See More than $5.4 Billion in First-Quarter Power Project Starts

U.S. Northeast, New England to See More than $5.4 Billion in First-Quarter Power Project Starts

power

Industry Segment: Power | Word Count: 712 Words
Attachment: 1Q21 Power Project Starts

SUGAR LAND--December 3, 2020--Researched by Industrial Info Resources (Sugar Land, Texas)--The Power Industry is booming in the U.S. Northeast and New England market regions, encompassing a range of projects such as wind, solar, natural gas, and transmission and distribution. The Northeast market region includes Delaware, New Jersey, New York, and Pennsylvania, and the New England region includes Connecticut, Massachusetts, Maine, New Hampshire, Rhode Island and Vermont. Industrial Info is tracking about 115 power projects in the regions that are planned to kick off in first-quarter 2021. New York, which has a lofty renewable portfolio standard of achieving 70% renewable energy by 2030 and 100% net-zero emissions by 2040, leads the region in planned investment, with more than $2.6 billion in planned project activity.

Companies featured: NextEra Energy Incorporated (NYSE:NEE)

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