The U.S. and Canada power sectors continue evolving as cheap natural gas and renewables incentives continue edging their way into the markets, according to Industrial Info's 2017 Global Industrial Outlook. The abundance and low cost of natural gas is driving the construction of natural gas-fired power plants throughout the U.S. and Canada. In the U.S., increasing environmental »

States in the Northeast and New England market regions are experiencing rapid growth in utility- and residential-scale solar generation projects, with the help of state programs like the NY-Sun solar incentive in New York, which aims to add more than 3,000 megawatts (MW) of solar capacity to the state by 2023, and the New York State Energy Plan, which »

Oregon recently expanded its renewable portfolio standards (RPS) to 20% by 2020, 27% by 2025 and 50% by 2040 in an effort to make the state rely more on renewable generation such as wind, solar and hydroelectric and to obtain less electrical generation from coal-fired power plants. Eligible renewable technologies for the state RPS are wind, solar, hydroelectric, ocean thermal, »

NextEra Energy plans to invest about $21.7 billion in its regulated electric utility business and its unregulated power business between 2016 and 2020. The utility unit, Florida Power & Light, plans to invest more than $16 billion in its generation, transmission and distribution businesses, while the unregulated power unit, NextEra Energy Resources, plans to invest about $5.5 billion »