NextEra Energy Resources Sees Electric Vehicles Increasing Share of Energy Demand -- Commodity Comment
January 26 2021 - 9:22AM
Dow Jones News
By Mary de Wet
NextEra Energy Resources said electric vehicles would make up an
increasing share of U.S. energy demand over the next 30 years.
The unit of NextEra Energy Inc. is forming a joint venture with
First Student Inc. and First Transit Inc. to pursue the
electrification of school and public transportation vehicles across
the U.S. and Canada, the companies said Tuesday.
On energy demand:
"The growing shift away from internal combustion engines is
expected to drive over one fifth of U.S. energy demand by 2050,"
said NextEra Energy Resources President and Chief Executive John
Ketchum.
Write to Mary de Wet at mary.dewet@dowjones.com
(END) Dow Jones Newswires
January 26, 2021 09:07 ET (14:07 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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