1. ENERGY MARKETS:
Shale gale is blowing business to wind power in Texas -- report
HOUSTON -- Texas' natural gas boom is proving a boon to the state's substantial wind power energy industry as well, a consulting house concludes in a new report. The Brattle Group, commissioned earlier to assess Texas' expanding power grid and electricity market for the Electric Reliability Council of Texas (ERCOT), took aim at comparing and contrasting the state's fleet of natural gas power plants and its massive wind farms. In "Partnering Natural Gas and Renewables in ERCOT," written for the Texas Clean Energy Coalition, analysts took stock of how well wind has been performing ever since the shale gas revolution transformed the energy market here.