Renewable Energy: The Easier Path Forward

When it comes to building new power plants, many developers are hitting brick walls. One challenge is investor reluctance to participate in risky capex projects. The other is the regulator's reluctance to permit new sources of air, land and water pollution. The only path around that wall is to consider wind, solar and energy efficiency.

Texas offers a case study that may help explain the challenge. Today, the state is chronically short power plant capacity. Over time, its capacity is expected to get worse. The state's largest grid, Electric Reliability Council of Texas warned, "With tight operating reserves expected this summer, it is likely that ERCOT will initiate conservation alerts or power watches on some days."...687 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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