US utilities rush to diversify from coal as renewables and storage to become kingpins in greener transition, says GlobalData

13 August 2020 (Last Updated August 11th, 2020 10:19)

The Covid-19 pandemic has led utilities to rush and shift their focus to obtain electricity from the more cost-effective renewable sources, expanding energy storage and EV infrastructure. The generation from coal-based plants is predicted to decrease at an accelerated rate as several utilities in the US are planning to remove coal from their portfolios as renewables achieve grid parity.

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