Keeping Conventional Power Going Until Renewables Mature
Law360 (July 18, 2019, 3:06 PM EDT) -- The ability of renewable resources to offer power to wholesale electric markets at low to zero marginal cost continues to threaten the economic viability of competing types of generation. The primary focus to date has been on how this economic pressure is prompting the premature retirement of coal and nuclear plants.
But concern over early retirements now extends to gas-fired plants, at least in some regions. And given the increasing number of states, counties and cities decreeing that a higher percentage of power must come from renewable energy, as well as heightened consumer demand for green energy, more accelerated retirements of...
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