The newly-formed GE Renewable Energy division made its debut as a standalone business in a tough set of quarterly results for the US industrial giant, which is undergoing big changes amid what its CEO called “a slow-growth environment”.
adminRenewable energy sources such as solar and wind are declining in prices. This especially refers to latter as according to the US Department of Energy report wind energy prices have gone below 2.5c/kWh in 2014, which is a 65.5{f24b02adee2102ff0c5f5079c50862fc8ba5fa53f8615b567037555463da2377} decline compared to 2009.There are many utilities which are now selecting wind as one of the cheapest renewable energy options, particularly in the central United States. This means that wind energy is now cost-competitive and economically viable option that can compete with coal and natural gas in many U.S. states.The strong growth of wind energy sector in United States does not only mean more clean renewable energy and less fossil fuels burned, it also means plenty jobs for U.S. economy. It has been estimated …
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Luke HagedornOn May 28, 2015, Kansas Governor Sam Brownback signed legislation that will have a significant impact on the future of wind generation in the state. The history of the political struggle underlying this legislation is a topic worthy of its own post, but suffice it to say that SB 91 represents a compromise between the wind industry and a faction of legislators that have attempted to reduce the state’s support of wind energy over the course of the last several legislative sessions. On a political level, this deal largely revolved around the future of Kansas’ 20{f24b02adee2102ff0c5f5079c50862fc8ba5fa53f8615b567037555463da2377} by 2020 Renewable Portfolio Standard, which has been subjected to a number of attacks over the last few legislative sessions. All of these previous efforts failed, but the political pressure to reduce or repeal the…
