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Green Energy Proponents Should Not Fear Election Results

Posted by Tom Denham on Dec 5, 2016 12:59:39 PM

Only a few years ago, the green energy market would have feared a right wing presidency as something that would delay the march toward clean solar and wind power because the technologies were viewed as liberal programs.

But today, the surprise win of Donald Trump is not expected to impact the market significantly. Even without taking new green energy job creation into the mix, economics and not politics are now the driving force in wind and solar energy production.

In Texas, new wind farms can be built for just $22 a megawatt-hour. In the Arizona and Nevada deserts, solar projects are less than $40 a megawatt-hour. The U.S. average lifetime cost is $52 for natural gas plants and about $65 for coal.

 



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Topics: Political Influence on Green energy