Cities and utilities throughout america are beginning to reject pure fuel — and never only for environmental causes. More and more, the compelling economics of fresh power alternate options play a significant function in these choices.
San Jose, the tenth largest metropolis within the nation, just lately joined a string of cities banning fuel utility connections for brand spanking new properties and buildings. Cities in Massachusetts, Washington and Vermont might comply with go well with. Utilities in Florida and California just lately made related choices to maneuver away from fuel in favor of renewable power.
Even in Indiana, whose electrical energy era is dominated by coal, utility regulators rejected a proposed new gas plant, citing “the potential danger that prospects might someday sooner or later be saddled with an uneconomic funding” if the plant have been constructed. And in Minnesota, utility regulators denied a proposal for a utility to purchase an present fuel plant, citing danger that economics would drive the plant to shut a lot sooner than anticipated.
Removed from imposing an environmental agenda on useful resource funding…