Texas wind power producers earned far more money from the federal production tax credit than the state paid out to support the renewable energy policy, according to a study by the Institute for Energy Research released this week.
Renewable energy from windy West Texas has outpaced the growth of coal, natural gas and other power resources feeding Texas’ electric grid, according to a recent report by the Energy Information Administration.
As it seeks investors, a project off the Massachusetts coast that aims to be the nation’s first offshore wind farm must reach fast-approaching benchmarks or risk missing out on hundreds of millions in critical funding.
In October, three new wind energy projects and a smart grid expansion have already beaten out the state’s clean energy developments in the third quarter, according to a recent report from Environmental Entrepreneurs, an environmental advocacy group.
Japan switched on the first turbine at a wind farm 20 kilometers (12 miles) off the coast of Fukushima on Monday, feeding electricity to the grid tethered to the tsunami-crippled nuclear plant onshore.
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