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On the Blogs: Minnesota Researchers Say Adding Storage to Grid Can Replace Coal and Gas Peaking Plants

Frank Jossi in Midwest Energy News: Adding more energy storage in Minnesota could reduce the need for more fossil fuel power plants and significantly reduce greenhouse gases, according to a new University of Minnesota report. Issued by the university’s Energy Transition Lab, “Modernizing Minnesota’s Grid: An Economic Analysis of Energy Storage Opportunities” looks at how the introduction of […]

July 13, 2017 Read More →

IEEFA Update: Electricity Auctions Across Major Swaths of U.S. Spell Further Distress for Fading Coal Plants

More Capacity From Gas-Fired Generation and Renewable Sources Creates an Existential Problem for the Old Order

Coal-fired electricity plants across much of the U.S. earn their revenues by selling megawatt hours (MWh) into competitive wholesale capacity markets in the capacity that generation represents in megawatts (MW). The trends in the revenue these plants earn through selling their capacity in periodic auctions are increasingly worrisome for their owners.  Energy market prices have […]