The Remarkable Cost Advantage of Natural Gas vs. Renewables

Green energy fanatics keep telling us renewables are coming cost competitive but the cost advantage of natural gas continues to be insurmountable for them.

A week rarely goes by at the EIA’s Today on Energy blog without some wonderful news on the cost advantage of natural gas. Yesterday’s post is a perfect example. The title, “Average U.S. construction costs for solar and wind continued to fal...,” leads one to briefly suppose the green energy fanatics might have a point; that costs of renewables are getting cheaper and it’s only a matter of time before the green energy future arrives. That will, perhaps, someday become reality, but the cost advantage of natural gas is nowhere near being wiped out, let alone seriously being seriously challenged.

Like all Today In Energy posts, this one by Ray Chen is simply an unbiased recitation of the facts. Even the title, though slightly misleading for reasons I get into below, is accurate. Those construction costs are coming down on a per kilowatt basis, while the average cost of natural gas generation has gone the other way. Nonetheless, that’s anything but the whole story.

Read more:

http://naturalgasnow.org/remarkable-cost-advantage-natural-gas-vs-renewables/

Views: 10

Comment

You need to be a member of GoMarcellusShale.com to add comments!

Join GoMarcellusShale.com

Local Groups

Latest Activity

Blog Posts

Forgotten Men and Women of Canadian Energy Industry Protest

Posted by Thomas J Shepstone on January 4, 2019 at 10:37am 0 Comments

The forgotten men and women of the Canadian energy industry are mad as hell and not taking it anymore. They’re protesting in their trucks and it’s spreading.

Whenever I go to New York City, which is as seldom as…

Continue

Events

© 2019   Created by Keith Mauck (Site Publisher).   Powered by

Badges  |  Report an Issue  |  Terms of Service