Low-Cost Wind Brings New Opportunities
Moody's Investors Service: Midwest Utilities Replace Coal with Wind Power
Amid the uncertainty surrounding the new presidential administration's environmental policies, wind power prices in the Great Plains region are now averaging around $20 per megawatt-hour. According to a new report from Moody's Investors Service, many utilities are capitalizing on this cheap wind, using it to grow rate base or replace inefficient coal-fired assets.