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Study says renewable energy power plants will overtake natural-gas plants by 2035
https://www.pghcitypaper.com/pittsburgh/study-says-renewable-energy-power-plants-will-overtake-natural-gas-plants-by-2035/Content?oid=15834618According to the Rocky Mountain Institute (RMI), it will be more expensive to run 90 percent of natural-gas fired power plants compared to the costs to build wind and solar farms with storage systems by 2035. The institute analyzed the construction costs, fuel prices, and operation costs of 68 proposed natural-gas power plants across the U.S.
“We find that the natural gas bridge is likely already behind us,” reads the RMI report, “and that continued investment in announced gas projects risks creating tens of billions of dollars in stranded costs by the mid-2030s, when new gas plants and pipelines will rapidly become uneconomic as clean energy costs continue to fall.”
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Comments
https://en.wikipedia.org/wiki/Rocky_Mountain_Institute
Consensus?
I think part of the storage technology involves capturing the energy of rainbows...
https://theconversation.com/how-pushing-water-uphill-can-solve-our-renewable-energy-issues-28196
But maybe off River is feasible. I do wonder how long the pipes will last due to them being at grade and generally on unstable ground due to that? I’m guessing there would be a ton of repair costs?
Not horrible ideas, but hard to pull off at a massive scale and still not competitive economically.
Staff! True?