Natural gas’s dominance as power-plant fuel in the US is fading fast as the cost of electricity generated by wind farms and solar projects tumbles, according to Guggenheim Securities.

Utility-scale solar is now about a third cheaper than gas-fired power, while onshore wind is about 44% less expensive, Guggenheim analysts led by Shahriar Pourreza said Monday in a note to clients.

  • bettyspaghetti@beehaw.org
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    1 year ago

    Completely agree. A scorched earth from climate change is more of an eyesore than solar panels on rooftops but okay HOA.