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Coal is losing the price war to wind and solar faster than anticipated

53 pointsby Paninoabout 4 years ago

1 comment

gnicholasabout 4 years ago
I am curious to know how this analysis factors in the need for storage of wind&#x2F;solar for periods when it is not windy&#x2F;sunny. When I looked through the report, I only saw this.<p>&gt; <i>We are already seeing combined renewables-plus-storage plants win competitive solicitations and capture some of this value in high solar-and wind-potential regions (empirically, this appears to add roughly $4-8&#x2F;MWh to renewable energy costs). We expect the trend to continue as battery prices slide down the learning curve.</i><p>My interpretation is that wind&#x2F;solar plus storage is more expensive, which undercuts competitiveness outside of the most windy&#x2F;sunny locations. I am as excited as anyone about new developments in storage technology, but it seems like it&#x27;s still a significant challenge.<p>Was it discussed elsewhere, or is anyone else aware of other information regarding the combined cost? It seems like this one statement somewhat undermines the conclusion, unless I&#x27;m missing something.
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