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Thanks to wind and solar, Texas has kept the power on and the costs down

Electrek

Wind, solar, and nuclear generated up to 55% of total power in Texas in the record-breaking end-of-June heat – keeping the natural gas share below 50%. more… The post Thanks to wind and solar, Texas has kept the power on and the costs down appeared first on Electrek.

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Nacero awards 20-year wind power purchase agreement to NextEra for natural gas-to-gasoline plant in Texas

Green Car Congress

Texas-based Nacero, a company seeking to produce low- and zero-lifecycle carbon footprint gasoline blendstock ( earlier post ) has awarded a subsidiary of NextEra Energy Resources, LLC a 20-year power purchase agreement to supply wind power to Nacero’s planned flagship manufacturing facility in Penwell, Texas. Renewable power procurement.

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MITEI study finds hydrogen-generated electricity is a cost-competitive candidate for backing up wind and solar

Green Car Congress

A team at MITEI (MIT Energy Initiative) has found that hydrogen-generated electricity can be a cost-competitive option for backing up wind and solar. California draws more than 20% of its electricity from solar and approximately 7% from wind, with more VRE coming online rapidly. 2021.117314.

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Biden administration slashes rent by 50% on US public land for wind and solar

Electrek

The Biden administration announced this week that it will cut the cost of building wind and solar on US public land by 50%. The post Biden administration slashes rent by 50% on US public land for wind and solar appeared first on Electrek.

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New wind and solar power costs less than keeping old coal running

Green Car Reports

For most of their history, the knock on renewable wind and solar power is that they cost more than fossil fuels. But that's what's happening with renewable energy now, according to a new report published by Energy Innovation.

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BNEF: wind and solar boost cost-competitiveness versus fossil fuels

Green Car Congress

This year has brought a significant shift in the generating cost comparison between renewable energy and fossil fuels, according to detailed analysis by technology and region, published this week by Bloomberg New Energy Finance. —Seb Henbest, head of Europe, Middle East and Africa at BNEF.

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

Electrek

The costs of most existing coal-fired power plants in the US are now more expensive than the total costs of wind and solar as a result of their plunging costs, according to a new study. more… The post Coal is losing the price war to wind and solar faster than anticipated appeared first on Electrek.

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