This Is the Quintessential Energy Stock to Buy for the Coming Power Surge
The U.S. will need to build a tremendous amount of new power-generating capacity by 2030. According to an estimate from leading utility NextEra Energy (NYSE: NEE), the U.S. will need to add more than 450 gigawatts (GW) of new power generation by the dawn of the next decade. That's massive, considering the country currently has less than 1,300 GW of generation capacity. Meeting the country's power needs will require all forms of energy. That plays right into the strategy of NextEra Energy, which is a leader across energy technologies. It's "the quintessential all forms of energy company," as CEO John Ketchum called it on its first-quarter earnings conference call. Here's a look at the country's upcoming power problem and how NextEra Energy will play a leading role in providing solutions.Continue reading
The U.S. will need to build a tremendous amount of new power-generating capacity by 2030. According to an estimate from leading utility NextEra Energy (NYSE: NEE), the U.S. will need to add more than 450 gigawatts (GW) of new power generation by the dawn of the next decade. That's massive, considering the country currently has less than 1,300 GW of generation capacity.
Meeting the country's power needs will require all forms of energy. That plays right into the strategy of NextEra Energy, which is a leader across energy technologies. It's "the quintessential all forms of energy company," as CEO John Ketchum called it on its first-quarter earnings conference call.
Here's a look at the country's upcoming power problem and how NextEra Energy will play a leading role in providing solutions.
