Wednesday, March 21, 2012

Gas it is: Renewables Take A Back Seat

OK, this is not a new position - but when it's the title of an article on a site "Covering the Business of Renewable and Sustainable Energy," it's worth noting.

Gas it is | RenewablesBiz:
"The shine is off renewable energy and shale gas is the new disruptive technology in power generation.
Harnessing Disruption is the theme of this year’s EnergyBiz Leadership Forum in Washington, D.C. this week, and that means gas-fired generation from unconventional sources is jumpin’.
Recession, rising energy costs and competing interests that could hamstring the power sector all play a role. And renewables are sometimes seen as a stress point as utilities seek to meet state mandates for their renewable portfolio standards. The dim prospects for any carbon legislation for the foreseeable future are responsible, combined with downward price pressures from the gas glut."
Read the full article at

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