Nonetheless, 2015 is shaping up to be a pretty special year and a pretty significant 365-day shift in how we get our power, says a 2015 power market outlook released Thursday by Bloomberg New Energy Finance.
“This Research Note is more sensationalist than we typically write,” it confesses.
The reason is a combination of three separate factors all moving in the same direction — an expected record for renewable energy installations, another forecast record for coal plant retirements and booming natural gas. The consequence, if these forecasts are realized, would be considerably cleaner energy and an impressive one-year drop in U.S. emissions.
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