Booming Wind Business Ignores Oil Slump as Market Values Double

  • Wind defying predictions that low oil makes it less attractive
  • No link between oil and gas price and wind market, BNEF says

A glut in crude isn’t affecting new demand for wind-energy. Even as falling prices made oil more affordable last year, investors directed a record $329 billion to install new wind- and other clean-energy technologies, said Bloomberg New Energy Finance.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.