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Are High Oil Prices Starting To Hurt Wind Power?

August 1, 2018

Via: Forbes

The U.S. uses very little oil to generate electricity, but our energy sectors are inextricably connected , so changes in one often affects others. For example, we are starting to see the rumblings of how the price of oil might affect wind indirectly through natural gas prices.

On Thursday, July 26, 2018 the Public Utility Commission of Texas (PUCT) dealt what turned out to be the final blow (see video Item 4) to the Wind Catcher Wind Project, which, had it been built, would have been the biggest (2,000 MW) wind farm in the U.S. Shortly after Texas said no, the main backers pulled the plug on the project altogether.

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