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If the money went towards utility scale solar it would install about 666MW of production at the current average rate of $0.75/W installed. This is not much con
by jandrese 3y ago
If the money went towards utility scale solar it would install about 666MW of production at the current average rate of $0.75/W installed. This is not much considering that currently coal plants generate about 200,000MW of power in the US. Obviously direct investment on this level will not be enough to achieve the goal of total Coal shutdown.
It's also worth noting that many coal plant "shutdowns" are actually just conversions to natural gas, which from a carbon perspective is more of a sidestep. Better for the environment, but far less so than offsetting the production with renewables.