EI analysis estimates that replacing the Mitchell coal facility with new wind power would be 34 percent cheaper than the facility using its existing coal power.
EI’s Bruce Nilles says Xcel’s 80 percent target will require the utility to cut gas significantly as well as eliminate coal.
EI’s Robbie Orvis says even with Colorado’s current climate policies, the modeling shows there’s still a long way to go to achieve the state’s climate goals.
EI report adds to data indicating that Colorado’s existing climate policies aren’t likely to achieve the state’s goals, while making the case that stronger actions could yield significant economic benefits.
EI’s Robbie Orvis says continuing to invest in new gas infrastructure in the U.S. and export gas overseas is not compatible with a 1.5°C future.
EI modeling with RMI finds Colorado will fall drastically short of its goals for cutting greenhouse gas emissions without more ambitious targets and enforceable limits on pollution.
EI report finds new local wind and solar could replace 80 percent of the U.S. coal fleet at immediate savings to customers.
EI’s Mike O’Boyle says the introduction of a clean electricity standard would set a new bar for the federal government that would have a catalytic function, driving industry response.
In Biden’s Infrastructure Moonshot, A Big Question: Can The Nation Still Achieve Its Highest Ambitions?
EI’s Robbie Orvis says the part of the American Jobs Plan that could have the biggest effect on transportation-related emissions is the proposed clean energy standard, which would require utilities to transition from fossil fuels to clean technologies.
EI analysts discuss how plummeting renewable energy prices have made running most Wisconsin coal plants uneconomic compared to replacement by new local wind and solar.