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Within the past few years, solar+batteries is starting to win bids against new natural gas generation in many common peak-related situations (not all yet, but
by diafygi 8y ago
Within the past few years, solar+batteries is starting to win bids against new natural gas generation in many common peak-related situations (not all yet, but increasingly so). The expectation is that solar+storage will win most peak-related bids by 2025 and then win most baseload bids by 2035.
https://www.woodmac.com/press-releases/batteries-renewables-displacing-gas/ https://www.woodmac.com/press-releases/batteries-renewables-...
After that, it will likely start to displace existing natural gas similar to what it's doing for coal now.
https://www.forbes.com/sites/energyinnovation/2018/12/03/plunging-prices-mean-building-new-renewable-energy-is-cheaper-than-running-existing-coal/ https://www.forbes.com/sites/energyinnovation/2018/12/03/plu...