Sep 10, 2019

U.S. Gas Plants will be Outperformed by Wind and Solar by 2035

Wind and Solar Power

Natural gas-fired power plants, which are largely responsible for undermining the economics of coal-fired plants, are expected to be undercut by renewable power by 2035. According to a September 9 report from the Rocky Mountain Institute, analysis performed on the cost of construction, fuel, and anticipated operations for 68 gigawatt gas plants compared to the cost of building a combination of solar farms, wind plants, and battery systems indicate that it will be more expensive to run 90% of the gas plants being proposed in the U.S. compared to sustainable energy plants. As gas plants lose their viability and power… Read more