Bye bye coal, nukes and natural gas

Sept 2019—Hybrid solar and battery plants are now so cheap, at least in sunny California, that traditional fossil fuel plants and nukes can’t compete.

Later this month the LA Board of Water and Power Commissioners is expected to approve a 25-year contract that will serve 7 percent of the city's electricity demand at 1.997¢/kwh for solar energy and 1.3¢ for power from batteries.

"This is the lowest solar-photovoltaic price in the United States," said James Barner, the agency's manager for strategic initiatives, "and it is the largest and lowest-cost solar and high-capacity battery-storage project in the U.S. and we believe in the world today. So this is, I believe, truly revolutionary in the industry."

It's half the estimated cost of power from a new natural gas plant.

https://apple.news/Ag8qQRGwRQjeoJSyVo2I2jQ

Darcy Hitchcock