Another victim of the price drop: Texas renewable energy
When the West Texas wind blows, 96 turbines at the Notrees Windpower farm churn to produce electricity that at full capacity can power up to 46,000 homes.
That shows no signs of stopping, even though lately the plant faces dropping electricity prices.
The same price drop that pummeled oil and gas activity also threatens investments in future renewable energy projects, even as electricity consumers enjoy cheaper rates.
Chiefly, industry insiders say that is because of the drop in natural gas prices that accompanied the oil plummet.
