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Wind Power Generation Beating Natural Gas in U.S. in 2012
By Ehren Goossens & Christopher Martin - Dec 21, 2012 9:01 PM PT
Wind Power Generation Beating Natural Gas in U.S. in 2012 - Bloomberg
Wind-turbine installations are poised to exceed natural gas-fueled power plants in the U.S. for the first time this year as developers race to complete projects before a renewable energy tax credit expires.
New wind capacity reached 6,519 megawatts by Nov. 30, beating the 6,335 megawatts of gas additions and more than double those of coal, according to data from Ventyx Inc., which is owned by the Swiss power transmission equipment maker ABB Ltd. (ABBN) The company plans to release final tallies in January.
Wind will very likely beat gas, but it may be close, said Amy Grace, who leads North American wind industry analysis for Bloomberg New Energy Finance in New York. Its very likely that we get over 8 gigawatts for 2012. ...
(read rest at link)
By Ehren Goossens & Christopher Martin - Dec 21, 2012 9:01 PM PT
Wind Power Generation Beating Natural Gas in U.S. in 2012 - Bloomberg
Wind-turbine installations are poised to exceed natural gas-fueled power plants in the U.S. for the first time this year as developers race to complete projects before a renewable energy tax credit expires.
New wind capacity reached 6,519 megawatts by Nov. 30, beating the 6,335 megawatts of gas additions and more than double those of coal, according to data from Ventyx Inc., which is owned by the Swiss power transmission equipment maker ABB Ltd. (ABBN) The company plans to release final tallies in January.
Wind will very likely beat gas, but it may be close, said Amy Grace, who leads North American wind industry analysis for Bloomberg New Energy Finance in New York. Its very likely that we get over 8 gigawatts for 2012. ...
(read rest at link)