U.S. Senate Majority Leader U.S. Sen. Harry Reid (D-NV) (2nd L) speaks as (L-R) U.S. Sen. Charles Schumer (D-NY), Senate Majority Whip U.S. Sen. Richard Durbin (D-IL), and U.S. Sen. Patty Murray (D-WA) listen during a news conference July 26, 2012 on Capitol Hill in Washington, DC.
Senator Harry Reid earlier this week gave the wind industry hope of a revival of a critical subsidy before the end of the year. Keep reading →
State Renewable Portfolio Standards may come under increasing pressure amid low natural gas prices, excess power generation capacity and the cost of compliance, leading energy analyst says.
“The world for renewables today is quite different from the renewables world we faced over the last several years,” Ron Norman, renewable energy specialist at PA Consulting Group, told a symposium held in San Francisco last week. “Before 2009, we had extraordinarily high gas prices and pending C02 legislation, low growth throughout the US and since that time we’ve had a crash in natural gas prices.” Keep reading →
