The CEO was on cnbc this a.m. and talking about, what else? Energy cost per KW.
The government mandates WEC obtain 10% of its energy production from renewable. The cost of Solar has come down but still is many times the cost of natural gas. So in order to meet the "renewable requirement" they are beginning to burn wood waste. And in regards Coal, the CEO said: "If the EPA has its way, there will never be another coal fired plant built. "" He stressed the need for multiple sources of competitive fuel sources to produce energy. More and more evidence has come forward to question man made global warming. But just think, if after barry comes al gore. Anyone who thinks that barry has not greatly damaged the Coal Industry is thinking with defective brain cells.
With budget cuts coming maybe Washington will stop wasting taxpayer dollars on windmills and solar panels. That leaves oil, coal, nat gas and nuclear. When everyone switches to nat gas guess which way the price of nat gas will go.