Report: Local Wind and Solar Plants Beat Out Majority of US Coal Plants on Cost

Published onMarch 28, 2019

It would be cheaper to build local wind and solar projects than continuing to operate 74 percent of U.S. coal plants, according to a new report from Energy Innovation, a clean energy advocacy and research organization, and Vibrant Clean Energy. The levelized cost of energy from new renewables plants built within 35 miles of an existing coal-fired station is lower than that of 74 percent, or 211 gigawatts, of the 2017 U.S. coal fleet, the authors claim. By 2025, the report bumps at-risk coal capacity up to 246 gigawatts, the current size of the U.S. fleet. “This is not a fantasy of a supercomputer. This is really what’s happening today,” said Eric Gimon, a senior fellow at Energy Innovation.

Source: https://www.greentechmedia.com/articles/read/wind-and-solar-plants-beat-out-coal