July 17, 2020 Read More →

Solar surpassing Texas coal, soon likely to replace it

Clean Technica:

In Texas, solar will soon push most of the remaining coal fleet offline, according to the Institute for Energy Economics and Financial Analysis (IEEFA). IEEFA’s recent report, Solar Surge Set to Drive Much of Remaining Texas Coal-Fire Fleet Offline, shared that this is largely due to the growth in utility-scale PV production and how it’s rapidly changing the Electric Reliability Council of Texas (ERCOT) market.

It’s clear to see that despite the decline in coal generation, electricity was still being produced — mostly by wind power that doesn’t have any fuel costs. Along with wind, natural gas prices driven down by the surge in fracking pushed coal off the grid as well.

Installed wind capacity in ERCOT grew around 15,000 MW over the decade and raised total wind generation from 18.8 million MWh to 76.7 million MWh. This increased wind’s share of the ERCOT power generation market from just over 6% to almost 20%, making it an equal with the state’s coal generators.

[Johnna Crider]

More: Solar Will Kick Most of Texas’ Remaining Coal Fleet Offline

Posted in: IEEFA In the News

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