With sharp jump in renewable power by 2040, Alaska Railbelt could save $1.3B in costs, Energy Department says

The 8.5-megawatt Houston Solar Farm, photographed on Tuesday, Aug. 29, 2023, is comprised of 14,000 solar panels and sits on land that was burned during the 1996 Miller's Reach Fire.

Robert Pickett, a commissioner with the Regulatory Commission of Alaska, praised the report. But he also expressed concerns, including about its tax-policy assumptions, and that it relies on an approach to costs that “grossly oversimplifies the project development process.” Denholm said that the analysis found that Railbelt electric utilities would see significant savings if they boosted their share of power from clean energy sources to 76% between now and 2040. Adding additional increments of power by 2040, to 80% for example, would not be financially optimal, he said.

The modeling assumes capital costs and other expenses related to building wind and solar projects would be about $2.9 billion over the time period. That would offset costs associated with current power generation, from gas and other sources, of $4.2 billion.

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

Scientists rescue Gulf coral threatened by climate changeA new report found that coral off Texas’ coast could die off by 2040 because of climate change.
Fonte: TexasTribune - 🏆 441. / 53 Leggi di più »

TCC to Develop Largest Tribally-Owned Independent Power Producer in AlaskaTanana Chiefs Conference (TCC) will lead a multi-million dollar effort to develop the largest tribally-owned Independent Power Producer in Alaska. The project aims to improve energy resiliency and affordability in remote communities by installing solar energy systems and battery storage.
Fonte: KXDF News 13 - 🏆 266. / 63 Leggi di più »