The commission rejected the energy secretary's assertion that retirement of
coal and nuclear plants threatens electric resilience.
And 91 percent were in favor of developing wind farms for electricity; a figure double that of residents who would want to see further development
of coal and nuclear power.
Soon, rooftop solar and other small - scale, locally owned renewables could upset the market
for coal and nuclear power.
In the traditional model of a national electricity system — widely used for more than 50 years — large conventional gas,
coal and nuclear generation plants supply large centres of demand.
The payments would've bolstered the economics for
coal and nuclear generators who've seen their profits and market share squeezed by cheap gas and renewables.
This was intended to give an advantage to resources
like coal and nuclear power in wholesale energy markets.
We think challenges remain for utilities that have greater reliance
on coal and nuclear generation.
These factors are leading to the retirement of
older coal and nuclear plants, based on their economic performance.
The operator of the nation's largest electricity market is a major player in the proceeding due to efforts there from industry and the federal government to
keep coal and nuclear plants from retiring.
(Even if some places can do geothermal, for example) so that they are forced to confront the choice
between coal and nuclear.
This proposal would
reward coal and nuclear plants in competitive markets that store fuel on site, with the rationale being that these fuel sources are more fuel secure.
This post is the first in a series of two examining recent efforts to gain federal support to maintain financially
stressed coal and nuclear plants.
The survey also shows that electric utilities are largely opposed to key administration energy priorities, including rolling back carbon regulations and altering wholesale power markets to
benefit coal and nuclear plants.
And the energy surplus has driven prices for
traditional coal and nuclear power down, even as renewables are still guaranteed more - than - competitive rates.
Low - cost natural gas is making gas - fired power plants cheaper and more competitive to operate, causing less cost -
competitive coal and nuclear to retire.
The biggest potential change to energy markets in decades will move ahead on a 60 - day timeline, despite protests by every energy sector
except coal and nuclear.
And aren't renewables interests and natural gas interests not rivals at all, but rather allies
against coal and nuclear?
The context is how the low prices of renewable energy and natural gas are
driving coal and nuclear plants over 40 years old out of business.
Transmission has always been important to generation — typically transmission costs can be up to half the cost of new energy from even traditional sources
like coal and nuclear power.
Free enterprise was going to have to build some sort of power generation anyway,
old coal and nuclear plants do wear out and require replacement.
Everyone knows that environmental groups oppose the construction
of coal and nuclear plants — but do they also oppose wind and solar projects as well?
In the second of two posts, we examine recent efforts to gain federal support to maintain financially
stressed coal and nuclear plants.
This means natural gas generation can replace
traditional coal and nuclear power that are no longer economic, as well as support intermittent renewable power.
In January, FERC, an independent regulatory government agency that is officially organized as part of the Department of Energy (DOE), thwarted a DOE proposal to require independent system operators and regional transmission organizations to establish «just and reasonable» rates for resilient and reliable plants, such
as coal and nuclear baseload generators.
Consultancy firm McKinsley says that PV prices will reach grid parity
with coal and nuclear as soon as 2020.
As you may recall, in April 2017, DOE Secretary Perry launched a study of U.S. power system reliability expressing concerns over
baseload coal and nuclear retirements.
The change would give an advantage to power plants with subsidies, such as those being discussed by Ohio lawmakers to help
uneconomic coal and nuclear plants.
By August, DOE released the study, which pinned
coal and nuclear retirements on cheap natural gas, debunked reliability concerns, and identified opportunities to improve grid resilience.
Adding enough LNG import capacity in the next few years, combined with a sufficiently - low Federally imposed carbon cap in the US and Canada, could head hundreds of
new coal and nuclear generators off at the climate pass *.
As the Trump Administration continues to dig up legal maneuvers in an attempt to keep
failing coal and nuclear plants online, cities across the United States are increasingly committing to source 100 % of their electricity from renewables.