Renewable Giant NextEra: Offshore Wind Is A Poor Investment | OilPrice.com

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American renewable energy giant NextEra (NYSE:$NEE) told the CERAWeek energy conference in Houston on Wednesday that offshore wind’s capital intensive nature makes it a poor investment as the world attempts to transition to clean energy.

Oil Extends Losses On Fed HawkishnessThe Energy Crisis Isn't Over, Investment Firm Guggenheim SaysTurkey Proposes Reform To Advance Plans For Natural Gas HubU.S. Pipeline Regulator Orders Lower Pressure On KeystonePetrobras’ Change In Strategy Provokes Strong ReactionsEIA Lowers Forecast For Natural Gas PricesU.S.

Oil Production To Grow Just 500,000 Bpd This YearAnalysts See Upside In China Despite Conservative Growth TargetRussia Has Started Exporting Diesel To Saudi ArabiaThe Kremlin Will Not Recognize Any Price Cap On Russia’s OilTanzania Makes Progress With A Potential $30 Billion LNG ProjectIran Claims To Have Found World’s Second-Largest Lithium DepositRussia Remains India’s Top Oil Supplier For Fifth Month In A RowNatural Gas Plunges over 12% As Extreme Volatility ContinuesPoland’s Top Refiner To...

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