AES, one of the major utility companies in the US,
. . . will invest between now and 2020:
. . . . . . $13.5 billion on improving distribution and transmission systems,
. . . . . . $4.5 billion on 2000 megawatt Wind Catcher project in Oklahoma,
. . . . . . $3.0 billion on fossil fuel,
. . . . . . $1.8 billion on renewable energy sources.
Other Utilities:
. . . Ameren, $1.0 billion on 700 megawatt wind farms
. . . Empire District, to add 800 megawatts of wind power. and
. . . . . . shutter its 200 megawatt coal-fired plant.
Rapidly shifting economic, and regulatory realities,
. . . make long-term planning difficult for utility companies,
but the continuing decline in the cost of wind, and solar power,
. . . is making renewables attractive from a bottom line point of view.
Any reductions in carbon emissions are merely icing on the cake.
11-15-2017 Source: Low-Priced #Renewables Driving Utility Change?
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Low-Priced #Renewables Driving Utility Change?
Started by eds, Nov 15 2017 11:00 AM
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