The Economics of Clean Energy Portfolios
The US power system is one of the largest, most complicated, and most expensive machines in the world, but the grid’s core infrastructure is old and is not aging gracefully. Nearly 500 gigawatts (GW), or about half of the existing thermal generator fleet (i.e., coal-, nuclear-, and gas-fired power plants) is likely to retire by 2030, leading to a gap in capacity that will need to be addressed with new investment. [node:read-more:link]