Smart placement needed to match production with demand
By Summit Voice
FRISCO — A new study by the National Renewable Energy Laboratory tries a mix-and-match approach to help plan future solar, wind and geothermal power development in the West.
By 2025, renewable energy generation could become cost-competitive without federal subsidies — if new renewable energy development occurs in the most productive areas, smartly located to meet the demand from regional population and industrial centers.
The report compares the cost of renewable electricity generation (without federal subsidies) with the cost of energy from a new natural gas-fired generator built near the customers it serves. Wind power produced in Wyoming and New Mexico could meet demand from California and the Southwest. Wyoming could probably produce the power at a lower cost, but New Mexico has the advantage of being closer to the areas with high demand, the report found. (more…)