More than a third of new U.S. electricity generation expected to come online over the next six months could hit roadblocks as the coronavirus pandemic curbs power consumption and disrupts supply chains.
About 4.9 gigawatts, or 39%, of new utility-scale capacity will be “either canceled or indefinitely postponed” from April through September, said Energy Information Administration economist Tyler Hodge. Wind, solar and natural gas projects will be affected relatively evenly. States with the largest slated additions during the period are Texas, California and Pennsylvania, he said.
“Supply chains, including both international and domestic, have been disrupted to some extent,” said ...
Learn more about Bloomberg Law or Log In to keep reading:
See Breaking News in Context
Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.
Already a subscriber?
Log in to keep reading or access research tools and resources.