Which is why the battery uptake mentioned in this piece is of note. It firms renewables and steals grid service revenue from thermal generators. Pulls the uptake trajectory of renewables closer to vertical.
Only one coal fired generator in the US is currently economical to run vs new renewables. You don’t have to match capacity factor, it’s about economics; if renewables can run often enough cheap enough, it makes other generators uneconomical even if they have superior capacity factors. It’s why nuclear is on life support in the US.
Only one coal fired generator in the US is currently economical to run vs new renewables. You don’t have to match capacity factor, it’s about economics; if renewables can run often enough cheap enough, it makes other generators uneconomical even if they have superior capacity factors. It’s why nuclear is on life support in the US.
https://www.bloomberg.com/news/articles/2023-03-07/end-of-co... | https://archive.today/2owbd
https://www.theguardian.com/us-news/2023/jan/30/us-coal-more...