wind+storage 2.1 ¢/kWh, solar+storage 3.6 ¢/kWh

Update, 2018-01-16

Vox has a widely acclaimed update to this story.

(rubbing hands gleefully)

Utility scale bids at Xcel Energy had median prices of 2.1 ¢/kWh for wind-with-storage, and 3.6 ¢/kWh for solar-with-storage.

Hat tip to Utility Dive.

In U.S. Energy Information Administration projections for 2020, the price per kWh of natural gas advanced combined cycle is 6.9 ¢/kWh and a spot price from CenterPoint Energy for commercial applications has it at 6.02 ¢/kWh (Minnesota).

To paraphrase the late Supreme Court Justice Antonin Scalia, fossil fuels for generating electricity are dead, dead, DEAD!.

And I delight in contemplating the days arriving soon when natural gas, oil, and coal, their pipelines and their shipping, are stranded assets. I’ve written about this often.

About ecoquant

See https://wordpress.com/view/667-per-cm.net/ Retired data scientist and statistician. Now working projects in quantitative ecology and, specifically, phenology of Bryophyta and technical methods for their study.
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