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In California wind, solar and energy storage have exceeded expectations. Prices for electricity from renewable systems have declined. Wholesale power prices in the state, even at peak demand times, have gone down. However, the cost of electricity from fossil fuel plants remains steady. Is Calpine Corporation’s gas-burning plant at Metcalf Energy Center an example of things to come for plants around the country? Or are results like these unique to California?
We are not talking about some day in the future here. Renewables are pushing gas out already.
Thank Nevelyn for the Post!
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