The Energy Mix

Top Menu

  • About
  • Latest Digest/Archive
  • Partners
  • Which Energy Mix is this?
  • Contact

Main Menu

  • News Archive by Category
    • Climate & Society
      • Carbon Levels & Measurement
      • Carbon-Free Transition
      • Climate Action/”Blockadia”
      • Climate Denial & Greenwashing
      • Climate Policy/Meetings/Negotiations
      • Culture, Curiosities, & Humour
      • Demographics
      • Energy Politics
      • Energy Subsidies
      • Energy/Carbon Pricing & Economics
      • Finance & Investment
      • First Peoples
      • Insurance & Liability
      • International Agencies & Studies
      • Jobs & Training
      • Legal & Regulatory
      • Media, Messaging, & Public Opinion
      • Methane
      • Travel, Leisure & Recreation
    • Climate Impacts & Adaptation
      • Biodiversity & Habitat
      • Drought, Famine & Wildfires
      • Food Security
      • Forests & Deforestation
      • Health & Safety
      • Heat & Temperature
      • Human Rights & Migration
      • Ice Loss & Sea Level Rise
      • International Security & War
      • Severe Storms & Flooding
      • Soil & Natural Sequestration
      • Water
    • Demand & Distribution
      • Air & Marine
      • Auto & Alternative Vehicles
      • Batteries/Storage
      • Buildings
      • Cities
      • Electricity Grid
      • Energy Access & Equity
      • Off-Grid
      • Petrochemicals & Plastics
      • Supply Chains & Consumption
      • Transit
      • Walking & Biking
    • Jurisdictions
      • Africa
      • Arctic & Antarctica
      • Asia
      • Australia
      • Brazil
      • Canada
      • China
      • Europe
      • India
      • International
      • Mexico, Caribbean & Latin America
      • Middle East
      • Oceans
      • Small Island States
      • South & Central America
      • Sub-National Governments
      • United States
    • Non-Renewable Energy
      • CCS & Negative Emissions
      • Coal
      • Nuclear
      • Oil & Gas
      • Pipelines/Rail Transport
      • Shale & Fracking
      • Tar Sands/Oil Sands
    • Opinion & Analysis
    • Renewable Energy
      • Bioenergy
      • Demand & Efficiency
      • General Renewables
      • Geothermal
      • Hydrogen
      • Hydropower
      • Research & Development
      • Solar
      • Wave & Tidal
      • Wind
  • Special Reports
    • Alberta’s Bitumen Pipe Dream
    • Canada’s Drive to Net Zero
    • Carbon Farming
    • City and Sub-National Action
    • Drawdown
    • Drive to 1.5
    • 26-Week Climate Transition Program for Canada
    • America’s Electoral Climate 2020
    • Canada’s Climate Change Election 2019
    • The Energy Mix Yearbook 2018
      • Climate Extremes
      • Fossils Go For Broke
      • Renewables (R)Evolution
      • Electric Vehicles
      • Canada’s Contradiction
      • COP24
      • Pipeline Politics
      • Jobs and Just Transition
      • Cities and Sub-Nationals
      • Finance and Divestment
      • Climate Litigation
  • Webinars & Podcasts
  • About
  • Latest Digest/Archive
  • Partners
  • Which Energy Mix is this?
  • Contact
  • Subscribe
  • Donate

logo

  • News Archive by Category
    • Climate & Society
      • Carbon Levels & Measurement
      • Carbon-Free Transition
      • Climate Action/”Blockadia”
      • Climate Denial & Greenwashing
      • Climate Policy/Meetings/Negotiations
      • Culture, Curiosities, & Humour
      • Demographics
      • Energy Politics
      • Energy Subsidies
      • Energy/Carbon Pricing & Economics
      • Finance & Investment
      • First Peoples
      • Insurance & Liability
      • International Agencies & Studies
      • Jobs & Training
      • Legal & Regulatory
      • Media, Messaging, & Public Opinion
      • Methane
      • Travel, Leisure & Recreation
    • Climate Impacts & Adaptation
      • Biodiversity & Habitat
      • Drought, Famine & Wildfires
      • Food Security
      • Forests & Deforestation
      • Health & Safety
      • Heat & Temperature
      • Human Rights & Migration
      • Ice Loss & Sea Level Rise
      • International Security & War
      • Severe Storms & Flooding
      • Soil & Natural Sequestration
      • Water
    • Demand & Distribution
      • Air & Marine
      • Auto & Alternative Vehicles
      • Batteries/Storage
      • Buildings
      • Cities
      • Electricity Grid
      • Energy Access & Equity
      • Off-Grid
      • Petrochemicals & Plastics
      • Supply Chains & Consumption
      • Transit
      • Walking & Biking
    • Jurisdictions
      • Africa
      • Arctic & Antarctica
      • Asia
      • Australia
      • Brazil
      • Canada
      • China
      • Europe
      • India
      • International
      • Mexico, Caribbean & Latin America
      • Middle East
      • Oceans
      • Small Island States
      • South & Central America
      • Sub-National Governments
      • United States
    • Non-Renewable Energy
      • CCS & Negative Emissions
      • Coal
      • Nuclear
      • Oil & Gas
      • Pipelines/Rail Transport
      • Shale & Fracking
      • Tar Sands/Oil Sands
    • Opinion & Analysis
    • Renewable Energy
      • Bioenergy
      • Demand & Efficiency
      • General Renewables
      • Geothermal
      • Hydrogen
      • Hydropower
      • Research & Development
      • Solar
      • Wave & Tidal
      • Wind
  • Special Reports
    • Alberta’s Bitumen Pipe Dream
    • Canada’s Drive to Net Zero
    • Carbon Farming
    • City and Sub-National Action
    • Drawdown
    • Drive to 1.5
    • 26-Week Climate Transition Program for Canada
    • America’s Electoral Climate 2020
    • Canada’s Climate Change Election 2019
    • The Energy Mix Yearbook 2018
      • Climate Extremes
      • Fossils Go For Broke
      • Renewables (R)Evolution
      • Electric Vehicles
      • Canada’s Contradiction
      • COP24
      • Pipeline Politics
      • Jobs and Just Transition
      • Cities and Sub-Nationals
      • Finance and Divestment
      • Climate Litigation
  • Webinars & Podcasts
Advanced Search
Batteries/StorageCarbon-Free TransitionCoalElectricity GridEnergy/Carbon Pricing & EconomicsLegal & RegulatoryOil & GasSolarSub-National GovernmentsUnited StatesWind
Home›Demand & Distribution›Batteries/Storage›Solar, Wind, Storage Becoming ‘Default Choice’ for U.S. Utilities

Solar, Wind, Storage Becoming ‘Default Choice’ for U.S. Utilities

November 26, 2018
November 26, 2018
 
116
0
Share:
  •  
  • 37
  •  
  •  
  •  
  •  
  •  
    37
    Shares
  Print This Story
Max Pixel

A new analysis is pointing toward monumental shifts in U.S. electricity generation markets, with renewable energy and energy storage becoming the “default choice” in regions that were previously dependent on natural gas.

At an event earlier this month in Austin, Texas, Prajit Ghosh, head of global strategy at Wood Mackenzie Power and Renewables, said a trend that began in California as early as 2006 is now showing up in regional markets like Texas, North Carolina, and the 13 northeastern states plus the District of Columbia served by the PJM regional transmission organization, described by Greentech Media as “the cradle of natural gas”.

Like this story? Subscribe to The Energy Mix and never miss an edition of our free e-digest.

SUBSCRIBE

“Really, in the last two years, it’s all solar, wind and storage. There’s no gas,” Ghosh told conference participants. “We know that story.”

The shift is now extending into markets” that need gas, especially where there’s a lot of coal,” Ghosh added. “It seems like even those markets—PJM, the home country of gas—even there, a lot of gas is being replaced by renewables. It’s a reasonable question to ask: Are we already in this new paradigm where solar, storage, and wind are the default choice?” 

Many energy insiders, and certainly the current U.S. federal administration, “would likely answer that question with a no,” Greentech notes. And the U.S. Energy Information Administration recently pointed to an increase in natural gas capacity between 2013 and 2017.

But “while low-cost natural gas has pushed out coal capacity, renewables have begun to compete on price, as well. Utility requests for proposals that incorporate more renewables and increased investments from oil majors show that even the biggest incumbents are beginning to reckon with the clean energy transition.”

The industry publication notes that some fossils’ recent acquisitions of distributed energy companies “may help companies more quickly pivot when the transition picks up,” with Ghosh suggesting the future could belong to companies that are looking ahead.

“It’s important to keep in mind that when you’re investing in a transition market, it’s like hopping on a moving train. It keeps moving,” he said. “What you have to do is anticipate what the next piece of change will be.” 

But to get the transition done, “the industry must tackle the structure of power markets to ensure renewables aren’t snagged in market rules and regulations built for a conventional supply that doesn’t include them,” writes Greentech reporter Emma Foehringer Merchant.

“You’re putting new technologies over an existing system. The way this market is designed is not made for renewables,” Ghosh said. “We’re at the stage now where we need to seriously think about what these power markets of tomorrow will look like.” 

Because, ultimately, “you can call it evolution—you can call it industrial revolution,” he told the conference. “When a revolution happens, everything sort of revolves around it. How quickly it happens depends on all the things we are worrying about today.”

Share:
  •  
  • 37
  •  
  •  
  •  
  •  
  •  
    37
    Shares
  Print This Story

Find more stories about
Batteries/StorageCarbon-Free TransitionCoalElectricity GridEnergy/Carbon Pricing & EconomicsLegal & RegulatoryOil & GasSolarSub-National GovernmentsUnited StatesWind

    Leave a reply Cancel reply

    Recent Posts

    • Alberta Calls for $30-Billion Carbon Capture Subsidy in Upcoming Federal Budget
      Alberta Calls for $30-Billion Carbon Capture Subsidy in Upcoming Federal Budget
      March 10, 2021
    • Panicky Messaging on Line 5 Closure Threat Masks Real Issues with Pipeline, Oil by Rail
      Panicky Messaging on Line 5 Closure Threat Masks Real Issues with Pipeline, Oil by Rail
      March 10, 2021
    • Experts Brace for Disaster as Canada, U.S. Increase Oil-by-Rail Shipments
      Experts Brace for Disaster as Canada, U.S. Increase Oil-by-Rail Shipments
      March 10, 2021
    • Quebec LNG Megaproject Will Drive Up Power Rates with $310M Revenue Hit, Analysis Finds
      Quebec LNG Megaproject Will Drive Up Power Rates with $310M Revenue Hit, Analysis Finds
      March 10, 2021
    • Sketchy Carbon Accounting Turns Net-Zero Targets into ‘Weapons-Grade Greenwash’, Scientist Warns
      Sketchy Carbon Accounting Turns Net-Zero Targets into ‘Weapons-Grade Greenwash’, Scientist Warns
      March 10, 2021

    News Feed

    Top News

    • Study Probes Northern Permafrost Loss at 1.5°, 2.0°C Average Warming
      March 9, 2021
    • China Plans Online Carbon Trading Market by Mid-Year
      March 9, 2021

    Read More

    Carbon-Free Transition

    • Electric Motorbikes Fuel Carbon-Free Future for East Africa
      March 9, 2021
    • Volatile Market, Competing Automakers Drive Down Tesla’s Share Price
      March 9, 2021

    Read More

    Canada

    • Yukon Energy Turns to First Nation as Site for Territory’s Biggest Grid Battery
      March 9, 2021
    • Northeastern B.C. First Nation Gets Oilfield Services Training
      March 9, 2021

    Read More

    U.S.

    • Second-Biggest U.S. Coal Mine Heads Toward Closure
      March 9, 2021
    • U.S. Legislator to Target Big Oil for Oversight
      March 9, 2021

    Read More

    International

    • China Plans Online Carbon Trading Market by Mid-Year
      March 9, 2021
    • Pacific Islands Unveil Faster Shift to Renewables
      March 9, 2021

    Read More

    • About the Energy Mix
    • Contact
    • Privacy Policy and Copyright
    Copyright 2020 © Smarter Shift Inc. and Energy Mix Productions Inc. All rights reserved.