Replacing US coal plants with solar and wind is cheaper than running them

Replacing coal power plants across the United States with renewable energy projects would reduce carbon emissions and require less water.

Replacing coal power plants across the United States with renewable energy projects would reduce carbon emissions and require less water.

Add to the list: It would also save money.

Nearly all existing US coal plants require more cash to operate than the cost of replacing them with new wind or solar projects, according to a report published Monday by San Francisco-based climate think tank Energy Innovation.

The finding is in line with past research by BloombergNEF that determined building new solar and wind farms is cheaper than operating existing coal or gas power plants in much of the world.

Click here to read the full article
Source: BNN Bloomberg

—

If you have any questions or thoughts about the topic, feel free to contact us here or leave a comment below.

/0 Comments/by
You might also like
The estimated US electric power sector by June is 65 GW of utility-scale solar-generating capacity and 138 GW of wind capacity.EIA expects solar & wind to be larger sources of US electricity generation this summer
Sesame Solar and Watergen's collaboration provides a source of safe, clean water for both drinking and renewable energy production.Sesame Solar and Watergen partner on mobile nanogrids that provide power and drinking water
Timet’s facility in WV will use solar and batteries to make titanium products used in everything from airplanes to pacemakers.In a first, a solar microgrid will directly power an industrial plant
Residential solar power installations rose by 34% from 2.9 gigawatts in 2020 to 3.9 gigawatts in 2021, according to data from the US EIA.Home solar panel adoption continues to rise in the US
Domain Capital Group and its subsidiary Domain Timber have announced the sale of almost 1,300 acres of timberland to a utility in Richmond, VA, to develop a solar project on the land.Domain Timber sells 1,300 acres of timberland for solar project
USC marked a major milestone in its sustainability efforts by adorning the rooftops of graduate student housing locations around the University Park Campus with state-of-the-art solar panels.Latest solar venture powers USC toward a greener future
0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *