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NextEra is one of the largest owners of gas fired power plants in the US.
When asked this week if gas or renewables will meet the country’s growing electricity demand – their CEO answered thusly:
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The CEO said he expects an almost 40% rise in US power demand over the next two decades, compared with just 9% over the previous 20 years. Renewable energy will meet most of the consumption boost because new gas-fired plants are much more expensive, take too long to connect to the grid and have to be supplied by hard-to-build gas pipelines, he said.
He said that adding battery storage to wind and solar farms can make those carbon-free sources almost as reliable in providing around-the-clock power as fossil fuels are.
“If I want to pay double, I can go with a gas-fired plant,” Ketchum said.
 

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NextEra Energy Inc