Texas Energy: The Next Generation: The Role of Renewables in Generating Electricity

In recent years, renewable energy has gained ground as a viable future source of energy in the electric industry. Such recognition has been due to the environmentally friendly aspects of renewables resources, federal government incentives and state government mandates, and declining costs due to technological progress. With natural gas price escalating and high volatility of gas prices, it is expected that future electricity generation from renewable resources, specifically wind, will become more competitive and economically feasible.