17 Apr '18, 9am

Why Berkshire Hathaway's utility is aiming for 100 percent renewable energy

Falling prices for solar and wind power, and support from customers, is helping the Iowa utility owned by Warren Buffett’s Berkshire Hathaway gain on its goal of generating 100 percent renewable energy for its customers, a company executive said. MidAmerican Energy, one of four utilities that Berkshire owns, is in one of the windiest places in the United States . As the cost of wind and solar power continues to fall, it makes sense for the company to boost investment in renewables, said Jonathan Weisgall, vice president for government relations at Berkshire Hathaway Energy. But a major force driving the utility’s renewable energy plans are its customers, who want more clean energy. "We don’t have a single customer saying, 'Will you build us a 100 percent coal plant?'" Weisgall said, speaking Thursday at the Pathways to 100% Renewable Energy conference in Berkeley, Californ...

Full article: https://www.greenbiz.com/article/why-berkshire-hathaways-...

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