A recent story in the Financial Times reports that "traditional carbon-intensive power generators are increasingly investing in renewable generation, giving a boost to this growth industry."
The FT piece ("Power Plants Invest in Renewables," Aug. 20, 2009) quotes a range of officials from the power generation and affiliated industries.
Perhaps the most interesting point was made by Branko Terzic, energy sector expert for the consulting firm Deloitte. Mr. Terzic said that when utility companies own renewable generation facilities they can more easily ensure the ability to meet statutory requirements provided by existing law for renewable electricity generation.
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