By Matt McCall
Do you know where your power comes from?
For decades, the answer has been fossil fuels and nuclear power. Those sources made up at least 80% of total U.S. electricity generation from 2010 to 2020. But that picture is starting to shift with the clean-energy revolution.
So today, I'm taking a look at that shift... as well as some companies that could thrive as the world adapts to new sources of power.
You might be skeptical. But as I'll show, renewable energy continues to take market share away from traditional energy – and now, this trend is beginning to accelerate...
Last year, fossil fuels – including natural gas, coal, and petroleum – made up 61% of U.S. electricity generation. Nuclear brought another 19% to the table. And renewables – wind, solar, hydro, and geothermal power – tacked on the remaining 20%.
Renewable energy has steadily eaten into traditional energy's share of electricity generation in the U.S. And according to the U.S. Energy Information Administration ("EIA"), that trend will continue over the next two years...