Report: Utilities are buying wind "because they want to"

01/20/2013 | Bloomberg Businessweek

Wind power made up 6% of the electricity generation capacity in the U.S. following the record-setting pace of wind project build-outs in 2012, according to a report by Bloomberg New Energy Finance. "Capacity was built without any near-term state mandated demand. This means that in most areas, utilities are buying wind power because they want to, not because they have to," said Amy Grace of BNEF.

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