General Discussion
In reply to the discussion: The impossible just happened in Texas [View all]TexasBushwhacker
(21,317 posts)The problem is the lack of high capacity transmission lines in the places where the wind is blowing. The Texas panhandle, where it's windy all the time, doesn't use all that much energy. So that means building or upgrading hundreds of miles of lines to major metro areas.
Pickens thinks the feds should build the transmission line network not unlike Eisenhower built the interstate highway system. Of course the fossil fuel producers think that's unfair and unwise. They'd rather frack the country into oblivion.
Keep in mind Pickens is old and he's a hedge fund manager. He wants quick return on his investments. Right now he's investing in natural gas. He still sees large scale wind energy as part of America's future, but he's not willing, at this point in his life, to put up all the money.