In April 2019, in the heart of coal country, Indiana regulators rejected a proposal by its electric and gas utility, Vectren, to replace baseload coal plants with a new $900 million, 850 megawatt (MW) natural gas-fired power plant. Regulators were concerned that with the dramatic decline in the cost of renewable energy, maturation of energy storage and rapidly changing customer demand, such a major gas plant investment could become a stranded, uneconomic asset in the future. Regulators are now p [...]
A 50-year old company has a solution to provide clean drinking water and power for regions that were hard-hit by the hurricanes last fall. Aldelano Solar Cold Chain solutions is providing off-grid refrigeration, water generation and power generation equipment to Antiqua, Barbuda and the British Virgin Islands.
Natural gas is getting edged out of power markets across the U.S. by two energy sources that, together, are proving to be an unbeatable mix: solar and batteries. [...]
Solar leasing promoters have long claimed that electricity costs will keep rising, but we haven’t see this happening – yet. Actually, almost all of the standard generation sources are benefiting from lower costs – natural gas is low, coal is low, and nuclear is… well it’s not dramatically more expensive than it has been. There is no doubt in my mind, however, that prices are going to go up. [...]