Saturday, March 22, 2014

With Virtual Power Purchase Agreements, Companies Go Long on Renewable Energy

Wind turbines in Palm Springs, CA (Credit: Turner) Click to enlarge.
Absent government subsidies or a carbon tax, it may take more than a decade for renewable energy from wind and solar to become cost competitive with cheap natural gas.  Despite years of steady, sometimes precipitous cost declines, the price of renewable power still hovers well above market prices.

With Virtual Power Purchase Agreements, Companies Go Long on Renewable Energy

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