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jpak

(41,757 posts)
Sun Mar 31, 2019, 12:39 PM Mar 2019

More bad news for coal: Wind and solar are getting cheaper

https://www.cnn.com/2019/03/25/business/coal-solar-wind-renewable-energy/index.html

New York (CNN Business)The simple laws of economics threaten to doom America's remaining coal power plants.

Wind and solar costs have plunged so rapidly that 74% of the US coal fleet could be phased out for renewable energy -- and still save customers money, according to a report released on Monday by Energy Innovation, a nonpartisan think tank.

That figure of at-risk coal plants in the United States rises to 86% by 2025 as solar and wind costs continue to plunge.

The research demonstrates how it's increasingly more expensive to operate existing coal plants than build clean energy alternatives.

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