Wednesday, September 11, 2013

Green power groups: Energy Department’s crystal ball is broken

Green energy and environmental groups say the federal government is publishing “unreasonably low” renewable power growth forecasts – and that the faulty crystal ball could slow investment in the industry. A new letter from an array of groups to the Energy Information Administration (EIA) takes aim at the agency’s closely watched “Annual Energy Outlook.” “We believe that EIA's estimates in past issues of the ‘Annual Energy Outlook’ for future electrical generation from renewable energy sources in the near- and mid-term have been unreasonably low and have not been borne out by actual experience,” states a letter Tuesday to EIA from dozens of groups...more

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