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Governors' Wind Energy Coalition Replacing Coal Plants With Renewables Is Cheaper 80% of the Time Source: By Leslie Kaufman, Bloomberg • Posted: Wednesday, May 5, 2021 A new report shows that the economics may not even support running U.S. coal plants, let alone building them. About 80% of U.S. coal plants are now more expensive to keep running than to swap out for new wind and solar capacity, according to a report from Energy Innovation, a non-partisan climate and energy think tank. While renewables cost more than fossil energy for much of the last century, prices f...

One of the Country’s 10 Largest Coal Plants Just Got a Retirement Date. What About the Rest? The largest coal-fired power plants keep on going, even as many smaller ones close. May 3, 2021 Emissions rise from stacks the Duke Energy Corp. Gibson Station power plant at dusk in Owensville, Indiana, on Thursday, July 23, 2015. Credit: Luke Sharrett/Bloomberg via Getty Images Related To survive among the shrinking fleet of U.S. coal-fired power plants, it helps to be extremely big. On April 22, American Electric Power announced that it would close the Rockport Plant in southwest Indiana by 2028,...

Battery storage: the next oil – and gas? [GasTransitions] Apr 14, 2021 7:15:am Summary The race for battery storage capacity is on. In countries like Australia and the US, an increasing number of ever-larger battery grid storage projects are being announced. [Gas Transitions Volume 2, Issue 3] by: Karel Beckman The race for battery storage capacity is on. In countries like Australia and the US, an increasing number of ever-larger battery grid storage projects are being announced. They are likely to increasingly replace gas-fired back-up power plants. At the same ...

April 1, 2021 Two months after snow, ice, and temperatures as low as -6° F left 4 million Texans without electricity, the fight over how to power the state’s future is just heating up.  In February, the Texas grid came four minutes away from complete collapse. Half of the state’s electricity generating capacity failed. Coal, nuclear, wind, and solar plants left gaping holes in the state’s energy supply, and natural gas left the biggest: 17,000 megawatts. The outage left at least 100 people dead, and $90 billion in damages. It also sparked interest in building more power plants to gua...

President Biden's aggressive goal to completely decarbonize the power sector in the next 15 years brings him directly in conflict with natural gas, the resource that has largely driven U.S. emissions reductions to date.