GOP states benefiting from shift to wind and solar energy

Michael Biesecker, Associated Press

U.S. investment in renewable energy projects has outpaced investment in fossil fuels for the second straight year.

 

WASHINGTON (AP) — U.S. investment in renewable energy projects has outpaced investment in fossil fuels for the second straight year.

The U.S. Department of Energy says wind turbines and solar panels accounted for more than two-thirds of all new electric generation capacity added to the nation's grid in 2015. The remaining third was largely new power plants fueled by natural gas, which has become cheap and plentiful as a result of hydraulic fracturing, or fracking.

The states of GOP lawmakers who have fought to protect coal-fired power plants are actually benefiting from the shift to renewable energy. Leading the way in new wind projects are GOP strongholds Texas, Oklahoma and Kansas.

The cost of adding wind turbines has plummeted in recent years.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Latest PennEnergy Jobs

PennEnergy Oil & Gas Jobs