Conventional U.S. power producers face declining demand growth as more consumers opt for technologies that allow them to produce their own electricity. Residential solar installations have increased more than fivefold from 2008 to 2013, according to Bloomberg Intelligence. The lack of demand comes as a glut of natural gas depresses wholesale power prices.

Keep reading at Bloomberg.

Subscribe To Our Newsletter

Each month, TCAP sends out an e-newsletter covering major events in Texas electricity and advances in public policy. Sign up for the newsletter and check out old newsletters to get caught up on Texas energy.

You have Successfully Subscribed!

Share This