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wind power

Article, Energy, Government and Politics

Trump may not be able to reverse coal industry’s slump. Here’s why

February 12, 2017

Coal may make a political comeback in Washington, where President Trump is eager to make good on his promise to revive the sagging industry. But politics aside, it’s the greener forms of energy that are changing substantially the way the USA produces, uses and even saves energy, particularly when it comes to electricity. The trends are detailed in a new report from the Business Council for Sustainable Energy (BCSE) that provides 163 pages of data on the impact of renewable energy, natural gas and energy efficiency on the U.S. economy. (read more)

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by Bill Loveless
Article, Climate, Energy, Government and Politics

Trump may be good for oil, trouble for renewables

January 1, 2017

U.S. energy producers of all kinds see reasons for optimism as they start 2017, though the incoming Trump administration may spell trouble for some of a greener hue. Among oil drillers, a recent uptick in prices suggests an end to a slump that has persisted since mid-2014, while natural gas, solar and wind energy companies aim to build on their gains in U.S. electric power markets in 2016. Even the struggling nuclear sector can point to victories in New York and Illinois, where unprofitable reactors were saved by state actions last year. That said, here’s a list of some of the most notable energy developments for the U.S. in 2016 — ones that may set the stage for how Americans produce and use energy in 2017. (Read More)

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by Bill Loveless
Article, Economy / Finance, Energy, Government and Politics, Utilities and Providers

Wind power prospects may hinge on gas price, government

May 10, 2016

Fresh government support and growing interest from the utility industry is building expectations that wind power will thrive in the U.S. in coming years. Among the latest such assessments is a new report from Fitch Ratings, which sees the industry steadily expanding its share of the nation’s electricity market. “We see this environment remaining very positive for wind power for the next three to four years,” said Maude Tremblay, director of corporate finance at Fitch, an author of the report. (Read more)

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by Bill Loveless