Renewable Resources


Power prices have been dipping around the country because of low natural gas prices, but some states could face the potential of higher prices for electricity as more renewable energy comes online and seeking to replace threatened baseload power could drive prices higher regardless.

The Manhattan Institute released a study on February 28 by Senior Fellow Robert Bryce concluding US renewable portfolio standards (RPS) for power generation appear to pose risks to a fragile economy — increasing electricity costs in many states at a time when consumers are struggling with high unemployment and discretionary spending constraints. Keep reading →