There’s No Wind Beneath Our Wings
November 12th, 2008 by Damon CliffordThe only thing wind is good for now is to fly a kite.
T. Boone Pickens has delayed his 4,000-megawatt wind farm in the Texas Panhandle because lower prices for natural gas make it uneconomical.
Since the price of natural gas has decreased under $7 per million Btu, it would be more expensive to to produce energy from wind farms. Pickens says that natural gas prices would have to be over $9 per million Btu for wind energy to be advantageous.
This is another sign of how the low oil and natural gas prices have slowed down alternative energy. With the lower prices, people have been losing interest in alternative energy technologies. Once prices rise again, there will be a renewed push for alternative energy resources where businesses can make money from alternative energy sources.
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Tags: Alternative Energy, wind energy, wind farm, Wind Power
November 18th, 2008 at 11:44 am
It’s really kind of sad that we as human beings tend to be so reactive. Instead of using the recent experience of insanely high energy costs as fuel for the fire, to keep pursuing alternative energies, we are simply going back to our knee jerk reaction style of dealing with problems.
If all we do is react, and flow with the go of the prevailing wind, then we should not be surprised when like lemmings we are swept of the edge of another cliff.