Power Grid

  • 12.20.16

    Renewable Energy Cheaper Than Coal And Gas Across Much Of The United States

    Renewables are cheaper than coal and gas across much of the United States. For the second year in a row, wind and solar accounted for roughly two-thirds of new U.S. generating capacity, while natural gas and nuclear made up most of the rest. That’s because right now, in much of the United States, wind and solar...

    Renewables are cheaper than coal and gas across much of the United States.

    For the second year in a row, wind and solar accounted for roughly two-thirds of new U.S. generating capacity, while natural gas and nuclear made up most of the rest.

    That’s because right now, in much of the United States, wind and solar are the cheapest form of power available, according to a new report from investment bank Lazard.

    This article looks at a report that shows the progress and therefore, reduction in cost of both wind and solar energy.