NewEnergyNews: New Energy Economics Is Beating NatGas

NewEnergyNews

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

The challenge now: To make every day Earth Day.

YESTERDAY

  • FRIDAY WORLD HEADLINE-Things To Come In Global New Energy
  • FRIDAY WORLD HEADLINE-Global New Energy Runs With The Bulls
  • THE DAY BEFORE

    THINGS-TO-THINK-ABOUT WEDNESDAY, January 13:

  • TTTA Wednesday-A solution for new transmission could be lying along rail lines and next generation highways
  • TTTA Wednesday-Big Things Coming In New Energy
  • THE DAY BEFORE THE DAY BEFORE

  • Monday Study: New Goals For California’s New Energy
  • THE DAY BEFORE THAT

  • Weekend Video: It Is A Global Crisis Becoming An Emergency
  • Weekend Video: Six Steps To Address The Climate Emergency
  • Weekend Video: New Energy’s Moment Is At Hand
  • THE LAST DAY UP HERE

  • FRIDAY WORLD HEADLINE-The Crisis Became An Emergency In 2020
  • FRIDAY WORLD HEADLINE-Three New Energy Signals In 2021
  • --------------------------

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

    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.

  • ---------------
  • WEEKEND VIDEOS, January 16-17:
  • New Energy Vs. Fossil Fuels, The Showdown
  • An 80% New Energy System
  • The Business Opportunity In The Climate Emergency

    Wednesday, December 09, 2020

    New Energy Economics Is Beating NatGas

    Clean Energy Is Canceling Gas Plants

    Molly Keleher, Mark Dyson, Alex Engel, September 30, 2020 (Rocky Mountain Institute)

    “…As of mid-2020, power plant projects planned for construction in two of the most competitive US electricity markets (ERCOT in Texas and PJM in the Northeast) have shown a remarkable shift from gas to clean energy…[T]his success needs to be replicated across the country to bring the electricity sector’s emissions trajectory in line with pathways to avoid the worst effects of climate change…[Since 2018,] the clean energy queue has more than doubled, the gas queue has been cut in half, with over $30 billion worth of gas projects canceled or otherwise abandoned…

    …[It is likely a] fundamental driver is at play: raw economics, driven by the continually falling costs of clean energy and the associated risks of investment in new gas-fired capacity…And the benchmark costs of clean energy have fallen meaningfully in the past year…[If cost and efficiency improvements for clean energy continue,] 90 percent of planned combined-cycle capacity will face stranded cost risk by 2026. For many gas-fired plants, this could mean that they are already stranded assets the day they enter service…Fair competition between resources in restructured markets, and emerging best practices around all-source procurement in monopoly markets, can allow clean energy to compete to its fullest potential…” click here for more

    0 Comments:

    Post a Comment

    << Home