NewEnergyNews: ORIGINAL REPORTING: The disruptive power of low cost of New Energy

NewEnergyNews

Gleanings from the web and the world, condensed for convenience, illustrated for enlightenment, arranged for impact...

While the OFFICE of President remains in highest regard at NewEnergyNews, this administration's position on climate change makes it impossible to regard THIS president with respect. Below is the NewEnergyNews theme song until 2020.

The challenge now: To make every day Earth Day.

YESTERDAY

  • TODAY’S STUDY: New Energy Beat Old Energy In The Polar Vortex
  • QUICK NEWS, February 19: So Many Ways To Be Wrong About Climate Change; The Fight For Transportation Electrification In 2018
  • THE DAY BEFORE

  • TODAY’S STUDY: The Fight For The Future Grid
  • QUICK NEWS, February 18: The Imaginative Climate Change Solution; Tech Giants Must Buy More New Energy – Greenpeace
  • THE DAY BEFORE THE DAY BEFORE

  • Weekend Video: Act As If The House Is On Fire Because It Is
  • Weekend Video: Millenial Rising – Into A 2020 Run For President
  • Weekend Video: Wind Turbine Syndrome, Part 2
  • THE DAY BEFORE THAT

  • FRIDAY WORLD HEADLINE-The Sense Of A Climate Threat Grows
  • FRIDAY WORLD HEADLINE-100% New Energy Around The World
  • FRIDAY WORLD HEADLINE-New Energy Takes The Waters
  • THE LAST DAY UP HERE

    THINGS-TO-THINK-ABOUT THURSDAY, February 14:

  • TTTA Thursday-A Valentine To The EPA
  • TTTA Thursday-White House Policy Flattens Solar Job Growth
  • TTTA Thursday-Biggest U.S. Solar-Plus-Wind Project Green-Lighted
  • --------------------------

    --------------------------

    Founding Editor Herman K. Trabish

    --------------------------

    --------------------------

    Some details about NewEnergyNews and the man behind the curtain: Herman K. Trabish, Agua Dulce, CA., Doctor with my hands, Writer with my head, Student of New Energy and Human Experience with my heart

    email: herman@NewEnergyNews.net

    -------------------

    -------------------

      A tip of the NewEnergyNews cap to Phillip Garcia for crucial assistance in the design implementation of this site. Thanks, Phillip.

    -------------------

    Pay a visit to the HARRY BOYKOFF page at Basketball Reference, sponsored by NewEnergyNews and Oil In Their Blood.

  • ---------------
  • TODAY AT NewEnergyNews, February 20:

  • ORIGINAL REPORTING: Solar boom raises questions about coal in utility power mixes
  • ORIGINAL REPORTING: Questions about EV battery degradation refuted

    Wednesday, January 23, 2019

    ORIGINAL REPORTING: The disruptive power of low cost of New Energy

    Will lower cost renewables and natural gas accelerate PacifiCorp's generation transition? A new study shows 20 of the utility’s coal units may not be cost-competitive.

    Herman K. Trabish, Aug. 2, 2018 (Utility Dive)

    Editor’s note: Findings in the study reported here were confirmed by PacifiCorps its recent announcement of a rethinking of the coal holdings in its resource portfolio.

    New data adds to the growing evidence that new renewables are a better buy for utilities than old coal. The generation from 11 PacifiCorp coal plants costs more than it would for the utility to buy power in energy markets. The generation, on a net present value (NPV) basis, from 12 of PacifiCorp's coal units costs more than the NPV for solar PV power purchase agreements (PPAs). And wind PPAs beat the generation from 20 PacifiCorp coal plants. These are conclusions from a June 20 Energy Strategies study for Sierra Club, which used data from the utility's own 2017 reports to the Federal Energy Regulatory Commission (FERC) and the U.S. Energy Information Administration (EIA).

    PacifiCorp is making major strides toward addressing this concern. Its most recent planning documents show much of the coal fleet scheduled for retirement in the late 2020s and 2030s and significant additions of renewables. But Sierra Club argues the utility is unnecessarily imposing costs on customers and the environment by keeping its coal plants in service. Since 2009, the cost of wind generation has dropped 38%, the cost of utility-scale solar has dropped 77%, and the cost of battery storage is down 79%, Bloomberg New Energy Finance (BNEF) found. Newer data show both wind and solar costs dropped 18% in just the first half of 2017. Battery prices are forecast to fall another 67% by 2030. Bids to Xcel Energy Colorado put wind-plus-storage projects at $21/MWh and solar-plus-storage was $36/MWh. But July EIA all-in prices for renewables generation are lower than just the fuel costs for natural gas generation, $23.11/MWh, and coal generation, $28.16/MWh. This shows that the cost of building renewables projects, which have zero fuel costs once they are in service, is lower than the cost of supplying fuel to existing coal and natural gas plants… click here for more

    NO QUICK NEWS

    0 Comments:

    Post a Comment

    << Home