windfan

Status Report: Puget Energy - Macquarie Infrastructure Partners

Puget has embraced wind and solar power as per new WA state power requirements for public utility companies. This is of course a very expensive undertaking and one that requires capital to complete. In this era of surging oil and higher natural gas prices, does it make any sense at all, to not take on what Puget has recognized as the solar and wind power future for the utility? These are the kind of recommendations and the type of thinking (it doesn't pencil out, sorry the answer is no) that have kept Detroit from investing in more fuel efficient vehicles and contributes to putting the US in the economic situation we are currently in. I say, let Puget follow up on their plans and if it doesn't pencil out, let some other utility like Bonneville or Tacoma or Seattle purchase the utility for pennies on the dollar. It should be the market economy that judges the sucess of this, not the WUTC. It is unfortunate that WUTC hacks do not grasp the big picture here. Someone should check their stock portfolios to see if they hold big oil.