EI analysis finds all but one of Colorado’s seven coal power plants are less cost effective than new local wind and solar power, meaning utility customers in Colorado are overpaying.
EI analysis with RMI using the Colorado Energy Policy Simulator shows estimated actual greenhouse gas reductions in Colorado will only total 3.4 percent below 2005 levels by 2030.
EI research finds applying incentives to used electric vehicles, as some of California’s programs do, can also allow families receiving the high end of the state’s incentives to save 30 to 40 percent on ownership costs compared to the purchase of a comparable used gas car for certain model years.
EI consultant Ron Lehr says utilities may favor capital investments with guaranteed returns from assets they can own, but contracts for renewables without that financial incentive to the utility may be better for their customers.
EI’s Robbie Orvis says keeping existing nuclear facilities online makes sense because it would make it easier and cheaper to decarbonize the economy by 2050.
EI analysis with RMI shows that under current laws and regulations, Colorado’s overall emissions will fall only 3.4 percent by 2030 and just 18 percent by 2050.
EI’s Robbie Orvis says the IEA has suggested that there should be no new investment in gas supply because in a net-zero scenario we’ve peaked already, and the fact that is missing from the communique reflects that the international community has not internalized that yet.
EI’s Eric Gimon says the damage to the Texas market was “self-inflicted” due to the state’s pricing model, which left regulators with the option to set prices at the extremely high cap for several days.
EI’s Robbie Orvis says keeping existing nuclear makes a lot of sense because it’s lots of clean electricity that doesn’t have to be replaced, and it is a lot cheaper to get to 2050 with the existing fleet.
Spotlight on North America Pt4: What are the technologies and policies that could underpin commerically-viable decarbonization?
EI’s Jeffrey Rissman talks with the host of Decarb Connect, Alex Cameron, about the cross-cutting technologies and industry-specific tools that could define industrial decarbonization, as well as the specific policy levers that are needed.