RMI has released two reports showing practical, cost-effective, near-term steps to rapidly decarbonize America’s electricity sector while maintaining reliability
Boulder, CO – March 10, 2021 The US power system will need to transition rapidly over the next decade not only to meet a need for greater resilience but also to prevent the worst effects of climate change. To help meet these urgent needs, today RMI released two new reports which provide practical, cost-effective, near-terms steps to unlock the transformation of this sector towards a clean energy future.
The first report addresses an ongoing theme in the US power sector: the apparent tension between reliability needs and the economically driven shift from costly legacy coal-fired power plants, to new, cleaner, low cost-alternatives. Cutting Carbon While Keeping the Lights On shows that large parts of the US power system have significant over-capacity of coal- and gas-fired power plants. This excess capacity means that over half of the nation’s coal can be retired today and replaced with renewables without compromising reliability reserve margins.
“Our analysis clearly shows that there is excess generation in much of the United States, and that this excess capacity presents an opportunity to quickly replace expensive, outdated resources with cleaner and lower cost technology.” said Chaz Teplin, a principal in RMI’s Carbon-Free Electricity program and an author of the paper.
RMI finds that 27% of the US coal fleet, mostly in the Northeast and Southeast United States, could be retired by 2025 without replacement. An additional 29% can retire if cost-effectively replaced with wind and solar, meaning that over half of the nation’s coal fleet could retire over the next four years, lowering utility bills.
But retiring un-needed, legacy coal plants is only the beginning. Utilities will also need to make significant investments in clean energy to support changing demand, including from transportation and building electrification. The second report, How to Build Clean Energy Portfolios, identifies a need for $300–$750 billion in new investment through 2030, as well as processes to allow utilities, regulators, and policymakers to cost-effectively procure clean energy.
This report builds on leading examples from across the United States of new procurement practices that promote competition between resource types and allow the best solutions to be chosen at the lowest cost. These modern practices can replace outdated utility procurement processes that favor technologies like coal- and gas-fired power plants, and provide a level playing field for renewables.
“Leading utilities are showing how updated procurement processes can harness competition and save customers money with a transition to clean energy,” said Lauren Shwisberg, manager at RMI and an author of the report.
The next decade will be an intensely dynamic time for the US power industry. It presents a unique opportunity for utilities, regulators, and policymakers to seize upon the rapid cost declines of clean technologies, unlock competition, and realize economic, carbon, and societal benefits. The power sector is poised for a better future but must act decisively and prudently to make this a reality for customers, their shareholders, and society at large.
Cutting Carbon While Keeping the Lights On
How to Build Clean Energy Portfolios,
Courtesy of Rocky Mountain Institute
This post really resonated with me. Keep up the good work.
buy lasuna paypal – buy diarex pills order himcolin pill
besivance usa – purchase besifloxacin online order sildamax generic
how to buy gabapentin – oral sulfasalazine 500mg azulfidine 500mg brand
brand probenecid 500 mg – order tegretol 400mg online cheap tegretol 400mg over the counter
celecoxib canada – order indomethacin 75mg for sale buy indomethacin 75mg generic
buy mebeverine pills – pletal 100 mg generic cilostazol 100mg drug
diclofenac 50mg tablet – aspirin 75 mg sale order aspirin 75mg pills
buy rumalaya pills – order generic elavil endep 50mg cheap
buy mestinon 60mg online – buy generic pyridostigmine 60mg cheap imuran
cheap diclofenac – cheap nimotop sale buy nimotop
buy lioresal generic – oral feldene feldene uk
buy mobic paypal – order mobic 15mg generic purchase toradol pills
buy periactin sale – buy generic tizanidine buy zanaflex sale
artane price – buy diclofenac gel sale voltaren gel order online
order cefdinir online cheap – buy cefdinir 300 mg pill purchase cleocin generic
buy accutane generic – buy isotretinoin 10mg without prescription buy deltasone 5mg for sale
prednisone ca – cheap omnacortil online elimite online buy
buy acticin no prescription – benzoyl peroxide cost tretinoin gel ca
betamethasone 20 gm oral – benoquin without prescription monobenzone without prescription
buy metronidazole generic – cenforce 50mg over the counter cenforce 50mg drug
augmentin 1000mg pills – augmentin over the counter order levothyroxine for sale
clindamycin oral – order indocin online cheap buy indocin 75mg capsule
buy hyzaar without prescription – buy generic cephalexin cephalexin 125mg without prescription
buy generic crotamiton – buy bactroban ointment sale aczone cheap
order modafinil 100mg sale – promethazine where to buy buy melatonin 3 mg for sale
zyban brand – bupropion 150mg without prescription buy generic shuddha guggulu
xeloda where to buy – capecitabine over the counter generic danazol 100 mg
cheap progesterone – purchase progesterone generic cheap generic fertomid
cheap alendronate 70mg – order pilex without prescription provera 5mg without prescription
purchase aygestin without prescription – norethindrone 5mg without prescription yasmin where to buy
cost cabergoline 0.25mg – cheap cabgolin sale how to get alesse without a prescription
cheap estradiol 1mg – oral ginette 35 anastrozole online buy
гѓ—гѓ¬гѓ‰гѓ‹гѓі гЃ®иіје…Ґ – гѓ—гѓ¬гѓ‰гѓ‹гѓігЃ®иіје…Ґ г‚ўг‚ёг‚№гѓгѓћг‚¤г‚·гѓійЂљиІ© 安全
гѓ—гѓ¬гѓ‰гѓ‹гѓі гЃ©гЃ“гЃ§иІ·гЃ€г‚‹ – гѓ‰г‚シサイクリン еЂ¤ж®µ г‚ўг‚ュテインの購入
eriacta music – zenegra online hold forzest reluctant
indinavir pill – purchase fincar generic how to buy diclofenac gel
cost provigil 200mg – duricef 500mg drug combivir order
buy promethazine without prescription – buy promethazine 25mg without prescription generic lincocin 500 mg
stromectol uk – buy tegretol 400mg sale tegretol order online