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pv-magazine-usa.com

Based on current deployment rates, it is likely that solar will surpass wind as the third-largest source of electricity. And solar may soon topple coal in the number two spot.

Looking ahead, through July 2028, FERC expects no new coal capacity to come online based on its “high probability additions” forecast. Meanwhile 63 coal plants are expected to be retired, subtracting 25 GW from the 198 GW total, and landing at about 173 GW of coal capacity by 2028. Meanwhile, FERC forecasts 92.6 GW of “high probability additions” solar will come online through July 2028.

  • FreedomAdvocate@lemmy.net.auEnglish
    11·
    6 hours ago

    Some reading for you, which I hope you’ll read:

    https://www.cis.org.au/publication/the-renewable-energy-honeymoon-starting-is-easy-the-rest-is-hard/

    https://x.com/jnampijinpa/status/1973660876793368808

    Since I doubt you or anyone else will, I’ll take some bits from it:

    As you can see, as wind + solar generation share goes up, retail electricity prices go up. They never go down. They never even stay the same.

    “As the proportion of weather-dependent energy in the grid grows, the costs and difficulties of integrating this energy also grow at an increasing rate.”

    …

    The paper found (as per the graph):

    •⁠ ⁠Countries with less than 21% wind and solar generation have electricity prices of around US $0.15/kWh on average.

    •⁠ ⁠Countries with between 21% and 33% wind and solar generation have electricity prices of around US $0.24/kWh on average.

    •⁠ ⁠Countries that exceed 33% wind and solar generation, have electricity prices of around US $0.37/kWh on average.

    …

    The research notes, “No country has achieved penetrations higher than 60%, let alone 90%, without costs going up. A low-cost, wind-and-solar-dependent country simply does not exist.”