Rhodium Predicts Near-Term Clean Energy Surge as 2030s Outlook Remains Uncertain

Rhodium Group's latest report, 'Taking Stock', has predicted a near-term surge in clean energy adoption. The report suggests that either natural gas or renewables could dominate generation additions in the 2030s, depending on policy and price influences.

The Rhodium Group notes that economic and policy variables make it more difficult to model the energy landscape in the 2030s. Vistra's Manchester Street Generating Station in Providence, Rhode Island, is cited as an example of a natural gas-fired power plant.

In its report, the Rhodium Group highlights the importance of considering both natural gas and renewables in the transition to clean energy. The group emphasizes that policy and price influences will play a crucial role in determining which path the industry takes.