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Stock impact report

Solar, wind and hydro power could soon surpass coal [CNNMoney.com]

Xcel Energy Inc. (XEL) 
Last xcel energy inc. earnings: 1/30 06:00 am Check Earnings Report
US:NYSE Investor Relations: investors.xcelenergy.com
Company Research Source: CNNMoney.com
Solar, wind and hydro power could soon surpass coal New York (CNN Business) Coal, long the king of America's electric grid, will soon get toppled by renewable energy. Solar and wind power are growing so rapidly that for the first time ever, the United States will likely get more power in 2021 from renewable energy than from coal, according to projections from the Institute for Energy Economic and Financial Analysis. This milestone is being driven by the gangbusters growth for solar and wind as well as the stunning collapse of coal. And it comes as the United Nations warned on Tuesday that countries are not doing enough to keep the planet's temperature from rising to near-catastrophic levels.Secretive energy startup backed by Bill Gates achieves solar breakthrough "The next piece of the energy transition is very close at hand," said PJ Deschenes, partner at Greentech Capital Advisors, a boutique investment bank focused on clean energy. "Coal is coming offline as fast or faste Show less Read more
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