Analysis shows new coal generation no longer economic in U.S.

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Analysis shows new coal generation no longer economic in U.S.

first_imgAnalysis shows new coal generation no longer economic in U.S. FacebookTwitterLinkedInEmailPrint分享S&P Global Market Intelligence ($):Wind energy is America’s overall lowest-cost source of new power generation, when not considering incentives, while solar and natural gas-fired facilities are also the cheapest options across wide swaths of the country, according to new analysis from the Energy Institute at the University of Texas at Austin.“This shows why, even in coal country, nobody is building coal,” said Joshua Rhodes, a research fellow at the Energy Institute whose recent analysis yielded roughly 20% and 40% cost declines for wind and solar, respectively, compared to a 2016 Energy Institute report on the levelized cost of electricity. “With gas and renewables in the system there’s just no room for coal anywhere.”The update almost eliminated coal from the institute’s interactive online map of lowest-cost new power sources throughout the United States and broadened the footprint of wind and solar as the least-expensive technologies in the county-by-county analysis. On an unsubsidized, levelized-cost basis, wind farms in Colorado, Kansas, Oklahoma and Texas are the nation’s cheapest generation sources, with the cheapest wind in those states ranging from $46.76/MWh to around $48.85/MWh, the research found.The cheapest new gas generation, according to the University of Texas’ updated data, would be combined-cycle facilities in Idaho, Washington, Montana and Oregon at $52.50/MWh to $53.61/MWh. The lowest-cost U.S. solar farms, located in New Mexico, Arizona, Texas and Colorado, ranged from $62.79/MWh to $64.36/MWh. The only places new coal generation would be the cheapest option are three remote counties of Washington state, with levelized costs around $111/MWh. The analysis does not view new nuclear power as the most cost-effective technology anywhere in the country.While the Energy Institute’s analysis appears to bode well for the future competitiveness of wind and solar as federal tax incentives phase down, experts remain split on how the real impact may play out in the marketplace. Analysts from Bloomberg NEF, IHS Markit and Navigant Consulting, for instance, recently presented wildly diverging views on future solar capacity additions as the investment tax incentive declines for businesses and zeroes out for homeowners. IHS, the most bearish of the three on solar, also foresees a plunge in wind investment post-federal tax breaks.More ($): ‘No room for coal’: Wind, solar, gas seen as cheapest U.S. power without subsidieslast_img read more

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David Silva top of the shop for fantasy managers

first_img Related Articles StumbleUpon Goalless draws for Liverpool and Arsenal ensured ground was lost in the top four fight, as the Premier league returned for another round of midweek fixtures.Following a disappointing derby day defeat Manchester United recovered to beat Bournemouth 1-0, table toppers Manchester City brushed past Swansea 4-0 and Everton kept up their good run of form, securing a 1-0 victory at St James’ Park.Gameweek 17’s top scorer is James Barrow, Head of External Affairs at the Cystic Fibrosis Trust, who is currently residing in 31st after climbing numerous places courtesy of an 81 point haul.  David Silva and Willian, who along with Shinji Okazaki were top scorers for the round, lead the way with 16 points, with captain Romelu Lukaku having his score doubled to ten – a score shared by Everton keeper Jordan Pickford in his clean sheet heroics against Newcastle.Back towards the summit and Andrew McDermott is the big mover in the top ten, securing 75 points to move up to the cusp of the top three in fourth. Manchester City’s in form attacking midfielder David Silva top scored once again, building on the foundations set by a solid backline. The quarter of Andreas Christensen (substituted in the 79th minute), Nicolas Otamendi, James Tarkowski and Hector Bellerin all enjoyed clean sheets and six points each, with David De Gea putting in another good display on his way to 11 points.Sneaking back into the final place in the top ten is sports trader Renato Costache, leapfrogging one place with 50 points. Kevin De Bruyne (ten points) and De Gea (11) top scored for this side, with the rest of the points evenly spread.As the halfway point of the Premier League fast approaches, gameweek 18 gets underway at the King Power stadium with Crystal Palace the visitors to face Leicester City. Both Arsenal and Chelsea have home ties with Newcastle and Southampton respectively, before the weekend’s premier tie gets underway. Saturday evening sees Tottenham Hotspur visit the Etihad Stadium, in a bid to inflict a rare defeat on Pep Guardiola’s side. Manchester United and Liverpool visit West Brom and Bournemouth on Sunday, before Monday Night Football see’s in form Everton host Swansea at Goodison Park. Submit Share Spotlight ups matchday commentary reach and capacity for new EPL Season  August 21, 2020 MansionBet adds Bristol City to sponsorship portfolio August 20, 2020 Share Premier League looks to broadcast every behind-closed-door fixture August 28, 2020last_img read more

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