America’s clean energy revolution is on the verge of a tipping point.
The renewable energy sector is projected to generate more electricity than coal during the month of April, according to a recent report published by the Institute for Energy Economics and Financial Analysis. That has never happened before.
Coal, long the king of the power sector, has already been dethroned by natural gas, a much cleaner burning fossil fuel. Now, coal is facing intensifying pressure from wind and solar power.
“Five years ago this never would have been close to happening,” Dennis Wamstead, research analyst at IEEFA, said in an interview. “The transition that is going on in the electric sector in the United States has been phenomenal.”
Bushveld Minerals Limited (LON:BMN), together with its subsidiaries, engages in the exploration and development of mineral projects in South Africa. It operates through three segments: Vanadium and Iron Ore, Coal Exploration, and Vanadium Mining and Production.