Your Web News in One Place

Help Webnuz

Referal links:

Sign up for GreenGeeks web hosting
December 14, 2017 08:00 am

Solar Power and Batteries Are Encroaching On Natural Gas In Energy Production

Socguy writes: The relentless downward march in cost of both solar and battery storage is poised to displace 10GW worth of natural gas peaker plant electricity production in the U.S. by 2027. Already we are seeing the net cost of combined solar and batteries cheaper than the equivalent natural gas peaker plant. Some particularly aggressive estimates from major energy companies predict that we may not see another natural gas peaker plant built in the U.S. after 2020. GE has already responded to the weakness in the gas turbine market by laying off 12,000 workers. Further reading available via Greentech Media.

Read more of this story at Slashdot.


Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/blyZFHQ6Jz4/solar-power-and-batteries-are-encroaching-on-natural-gas-in-energy-production

Share this article:    Share on Facebook
View Full Article

Slashdot

Slashdot was originally created in September of 1997 by Rob "CmdrTaco" Malda. Today it is owned by Geeknet, Inc..

More About this Source Visit Slashdot