28 Aug '13, 1pm

Cost gap for Western renewables could narrow by 2025: A new Energy Department study conducted by the National

This is as long as new renewable energy development occurs in the productive locations. The report, Beyond Renewable Portfolio Standards: An Assessment of Regional Supply and Demand Conditions Affecting the Future of Renewable Energy in the West (pdf) compares the cost of renewable electricity generation (without federal subsidy) from the West’s most productive renewable energy resource areas with the cost of energy from a new natural gas-fired generator built near the customers it serves. “The electric generation portfolio of the future could be both cost effective and diverse,” said NREL senior analyst David Hurlbut, the report’s lead author. “If renewables and natural gas cost about the same per kilowatt-hour delivered, then value to customers becomes a matter of finding the right mix. “Renewable energy development, to date, has mostly been in response to state mandates...

Full article: http://www.renewableenergyfocus.com/view/34217/cost-gap-f...

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