ETFs Could Harness the Wind With Advent Of Underground Storage
August 28, 2008 at 16:00 PM EDT
Wind energy is not just a bunch of hot air, as many companies are looking to this as a legitimate power source, blowing new life into related exchange traded funds (ETFs). Public Service Enterprise Group Inc. (PEG) is planning on spending $20 million to develop services that compress air to store power, giving potential for electricity [...]