Astonishing Things About New Energy, Part 1
5 Hard-to-Believe Renewable Energy Facts; Renewable energy from wind and solar went from impossibly expensive to nearly 10% of American electricity in less than 20 years. What's ahead may be even more astounding.
Maxx Chatsko, November 11, 2018 (The Motley Fool)
“…The United States is on pace to generate 275 terawatt-hours of electricity from onshore wind power in 2018, compared to just 5.6 terawatt-hours in 2000. That amounts to a whopping 4,810% increase since the turn of the century. By comparison, the S&P 500 has gained 168% in that span with dividends (and two brutal recessions) included. Therefore, it shouldn't be surprising that some of the best-performing stocks in that span belong to businesses that went all-in on the future of wind power…
NextEra Energy stock has delivered a total return (share performance plus dividends) of 1,430%...Even shares of Xcel Energy, which only began investing heavily in renewable energy in the last decade, have put up a total return of 477%...[They have nearly 21,000 megawatts of installed wind capacity combined…[and have been pivotal] in increasing wind power's share of nationwide electricity generation to nearly 7%...” click here for more