TAG: British Petroleum

BP to Sell US Wind Power Operations

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The energy giant BP is looking to sell off its wind power operations in the United States and focus more on the core of their business, which is gas and oil. BP’s wind operations in the U.S., some 2600 MW in capacity, are estimated to total about $1.5 billion USD, and the company is one of the only oil giants that has made inroads into wind power development. The move into wind power came as the company believed that a natural synergy existed between wind and natural gas (used for power when wind speeds drop), but BP has now determined… read more