North Dakota regulators are planning for two large new wind energy projects capable of generating up to 1,150 megawatts of electricity.

Customers of Florida's two largest electric companies will see an increase in their monthly utility bills as the result of the rising price of fuel.

Teco Energy Inc. led Standard & Poor's 500 Index utility stocks higher in the second quarter, as investors flocked to the stock as coal prices soared.

North Dakota's biggest wind developer is proposing a $2 billion wind turbine farm in the west-central part of the state. It would be capable of generating 1,000 megawatts of electricity.

Green energy stocks have slumped since their peak in November and still look overvalued, since the price of oil, although painfully high, still hasn't risen enough to justify investors' hopes that renewable energy sources will steal the limelight.

A massive power outage struck Florida Tuesday, knocking out electricity to millions of people and snarling traffic.

U.S. wind power grew by 45 percent in 2007, blowing away past annual growth marks, industry group American Wind Energy Association said Thursday.