Home Shale Gas Boom Leaves Wind Companies Seeking More Subsidy
 

Keywords :   


Shale Gas Boom Leaves Wind Companies Seeking More Subsidy

2014-04-07 21:06:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: Wind power in the U.S. is on a respirator. The $14 billion industry, the worlds second-largest buyer of wind turbines, is reeling from a double blow -- cheap natural gas unleashed by the hydraulic fracturing revolution and the death last year of federal subsidies that made wind the most competitive of all renewable energy sources in the U.S. Without restoration of subsidies, worth $23 per megawatt hour to turbine owners, the industry may not recover, and the U.S. may lose ground in its race...

Tags: companies gas wind seeking

Category:Electronics and Electrical

Latest from this category

All news

»
07.11Hurricane Rafael Update Statement
07.11Summary for Hurricane Rafael (AT3/AL182024)
07.11Australia plans social media ban for under-16s
07.11Hurricane Rafael Update Statement
07.11Summary for Hurricane Rafael (AT3/AL182024)
07.11Moldova cleans up its act to attract foreign businesses
07.11Bank of England expected to cut interest rates
07.11Will Trump's victory spark a global trade war?
More »