This is a mistake that could prove to be very expensive to electricity consumers over the next few decades as
electricity from coal becomes increasingly uneconomic compared to other resources,» noted lead author of the report Pat Knight, who also developed the CAVT tool.
Not exact matches
«Texas Decision Could Double Wind Power Capacity in the U.S.,» Renewable Energy Access, 4 October 2007;
coal - fired power plant equivalents calculated by assuming that an average plant has a 500 - megawatt capacity and operates 72 percent of the time, generating 3.15 billion kilowatt - hours of
electricity per year; an average wind turbine operates 36 percent of the time; Iceland geothermal usage
from Iceland National Energy Authority and Ministries of Industry and Commerce, Geothermal Development and Research in Iceland (Reykjavik, Iceland: April 2006), p. 16; European per person consumption
from European Wind Energy Association (EWEA), «Wind Power on Course to
Become Major European Energy Source by the End of the Decade,» press release (Brussels: 22 November 2004); China's solar water heaters calculated
from Renewable Energy Policy Network for the 21st Century (REN21), Renewables Global Status Report, 2006 Update (Washington, DC: Worldwatch Institute, 2006), p. 21, and
from Bingham Kennedy, Jr., Dissecting China's 2000 Census (Washington, DC: Population Reference Bureau, June 2001); Philippines
from Geothermal Energy Association (GEA), «World Geothermal Power Up 50 %, New US Boom Possible,» press release (Washington, DC: 11 April 2002).
One hypothesis might be that while
electricity from solar and wind
became cheaper, other energy sources like
coal, nuclear, and natural gas
became more expensive, eliminating any savings, and raising the overall price of
electricity.
The International Energy Agency forecasts that renewables will
become the leading source of new energy supply
from now to 2040, surpassing thermal
coal as the largest source of
electricity generation by around 2030.
WASHINGTON (October 10, 2017)-- Despite political rhetoric to the contrary and recent actions by the Trump administration, the market reality is that
coal - fired power has
become increasingly uneconomic and is the main factor driving the U.S.
electricity sector to rapidly transition away
from coal.
Public resistance to
coal also is on the upswing, as negative impacts
from mining and
electricity generation are
becoming clearer over time.
Let's start with the assumption that those US states which get significantly more than 50 % of their
electricity from coal, and / or states which export, or plan to export, large amounts of
coal - fired
electricity to neighboring states, are at highest risk of
becoming economic «losers.»