NewEnergyNews More: New Energy Is NO Threat To U.S, Grid

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  • Tuesday, June 20, 2017

    New Energy Is NO Threat To U.S, Grid

    No evidence that changing power mix endangers electric system reliability; Expert report by Analysis Group finds that low-priced natural gas, not renewable energy policies, is fundamental cause of coal and nuclear plant closures

    June 20, 2017 (American Wind Energy Association)

    “…[Market forces, primarily low-cost natural gas and flat demand for electricity, are] causing some coal and nuclear power plants to retire, and not state and federal policies supporting renewable energy development…[and] the changing electricity resource mix poses no threat to reliability of the nation’s power system [according to Electricity Markets, Reliability and the Evolving U.S. Power System from the Analysis Group, which is intended] to answer independently the questions raised recently by Energy Department Secretary Rick Perry…Factors such as rapid growth in deployment of advanced energy technologies, and state policies supporting such technologies also contribute to reducing the profitability of less economic assets, but such factors are secondary to market fundamentals…[In addition, the] retirement of aging resources is a natural element of efficient and competitive market forces…Many advanced energy technologies can and do provide reliability benefits…Given the many attributes associated with a reliable electric system, the term ‘baseload resources’ is an outdated term in today’s electric system…” click here for more

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