New Energy Ready To Take Over In The New South
UCS “Dwindling Role for Coal” Report: Wind and Solar Could Help Replace Coal in the Southeast
October 10, 2017 (Southern Alliance for Clean Energy)
“The past decade or so has seen a dramatic shift away from coal for producing electricity in the United States…[and, according to a new analysis, that trend is set to continue…[51 GW of coal-fired generating capacity] is slated to retire or convert to another fuel (mostly natural gas) through 2030…[An] additional 57 GW (or 20 percent of the coal capacity that was operating at the end of 2016) is uneconomic compared to existing natural gas…A surprising number of coal plants in [the Southeast] are also uneconomic compared to new wind power, or even solar energy. And new developments in the wind industry, such as high-voltage transmission lines, could make wind even more accessible…[I]f utilities would replace that power with renewable energy (for example, wind power or solar power at $40 per megawatt hour), the region would save about $94 million annually…In some parts of the country, wind power prices have reached below $20/MWh (2 cents per kilowatt hour) and utility-scale solar power prices have likely hit $30/MWh (3 cents per kilowatt hour)…” click here for more
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