On September 23, 2009
Duke’s CEO Says Solar Power is More Important Than Wind
Utilities have a tough job in picking which expensive, relatively unproven renewable energy technology to place their chips on. Solar and wind power get about equal face-time in the news, trailed by smaller contenders like geothermal, but which gets the most press isn’t necessarily a good indicator of which will be most successful. On the American west coast, PG&E and Southern California Edison have more or less settled their bets on solar power. Now it sounds like the east coast’s biggest utility, Duke Energy, is equally bullish on solar. Clean Technology Investor reports on an interview with Duke’s CEO, Jim Rogers: Rogers said that even though Duke has made large investments in wind energy, “wind will be a very small…
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