Ill Winds Blow for Clean Energy. Cheap, and Abundant, Natural Gas Diminishes Alternative Projects' Appeal.

T. Boone Pickens's decision to pull the plug on a big wind farm in the Texas panhandle highlights the hurdles clean-energy projects are facing in the U.S., including competition from newly cheap and abundant natural gas.

While problems plague all kinds of green-energy efforts, wind power has been hit especially hard. Because of the complications, growth in wind-power capacity this year is expected to be three-quarters of the increase in a record 2008, according to the American Wind Energy Association trade group.

Even cash-flush foreign utilities that in recent years have entered the U.S. wind-power market, such as Spain's Iberdrola SA, have scaled back U.S. investment plans. And Mr. Pickens's decision, announced Tuesday, to shelve his project for the foreseeable future has left him scrambling to find homes for 667 wind turbines that he ordered in May 2008.

The solar-power industry, which was flying high just a year ago, spent the first half of 2009 announcing layoffs. Some big solar-power projects were shelved.

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GoHaynesvilleShale.com (GHS) was launched in 2008 during a pivotal moment in the energy industry, when the Haynesville Shale formation—a massive natural gas reserve lying beneath parts of northwest Louisiana, east Texas, and southwest Arkansas—was beginning to attract national attention. The website was the brainchild of Keith Mauck, a landowner and entrepreneur who recognized a pressing need: landowners in the region had little access to…

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