ARTICLE
13 September 2019

U.S. Gas Plants Will Be Outperformed By Wind And Solar By 2035

Natural gas-fired power plants, which are largely responsible for undermining the economics of coal-fired plants, are expected to be undercut by renewable
United States Energy and Natural Resources

Natural gas-fired power plants, which are largely responsible for undermining the economics of coal-fired plants, are expected to be undercut by renewable power by 2035. According to a September 9 report from the Rocky Mountain Institute, analysis performed on the cost of construction, fuel, and anticipated operations for 68 gigawatt gas plants compared to the cost of building a combination of solar farms, wind plants, and battery systems indicate that it will be more expensive to run 90% of the gas plants being proposed in the U.S. compared to sustainable energy plants. As gas plants lose their viability and power markets, the economics associated with pipelines is expected to suffer too.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

Mondaq uses cookies on this website. By using our website you agree to our use of cookies as set out in our Privacy Policy.

Learn More