Data recently released by the EIA shows utility scale electric generator cost trends have shifted. The new data shows that costs for natural gas and onshore wind generators increased while solar decreased in 2020 compared to 2019. The shift marks the smallest gap between wind, solar, and natural gas generator costs in the US since…
Vistra Corp. has submitted its application to renew the license for the 2,460 MW Comanche Peak Nuclear Power Plant with the U.S. Nuclear Regulatory Commission (NRC). Originally licensed for 30 years, Comanche Peak began operation in 1990, with Unit 2 coming online in 1993. The 20-year license extensions would allow Comanche Peak Units 1 and…
The US Senate voted to approve the Inflation Reduction Act on August 7th. The legislation includes more than $370 billion earmarked for clean energy investment, according to the Committee for a Responsible Federal Budget. The bill is now headed to the US House of Representatives for a vote. Currently, the legislation proposes that federal tax…
The electricity generation mix in the U.S. continued to change in 2021. In addition to the growth in renewable energy, one major surprise was observed. The percentage of coal-fired generation increased for the first time since 2007. The generation mix changes were largely driven by economics. According to the EIA, electric generators realized an average…
