BNEF Brief: New Report Reflects U.S. Energy Transition

The video discusses the parity in energy prices, highlighting that renewable energy can now be built at costs equal to or less than other technologies. It notes the growth in renewable energy projects in 2019, despite a slight decline in energy demand due to efficiency measures. The video also explores how large corporations are increasingly purchasing energy directly from renewable sources due to cost benefits.

What was a significant factor in the growth of renewable power plant construction in 2019?

• Parity in prices with nuclear generation

• Decreased demand for nuclear energy

• Higher fossil fuel prices

• Increased government subsidies

How did the US economy perform last year in terms of growth?

• It remained stable

• It grew by more than 2%

• It grew by 5%

• It contracted by 1%

What was the impact of energy efficiency measures on energy demand?

• Energy demand increased significantly

• Energy demand remained unchanged

• Energy demand fell slightly

• Energy demand doubled

Which entities are primarily engaging in bilateral purchase contracts with renewable energy plants?

• Small local businesses

• Large corporations

• Individual households

• Non-profit organizations

Why are corporations opting for power from wind and solar plants?

• To support local utilities

• Due to government mandates

• Because it is cheaper than local utilities

• To avoid taxes