Building new gas power plants would mean higher energy bills. Here’s how the math works. Even after federal tax credits for clean energy development were erased, it’s still more expensive to build new “dispatchable” electric plants. And the wait time to get a new gas turbine is now four to six years

2 comments

1. All this, while renewables and storage continue to improve as an economic case. 10 percent or so per year adds up.

2. Ok but the title does not quite reflect the contents. The article says that wind and solar have lower LCOE (levelized cost of energy) than conventional fossil, even without tax credits. Which is all good, but the grid also needs power capacity when the sun doesn’t shine and wind doesn’t blow. LCOE doesn’t capture the timing of energy production.

   Yes, bills will go up because we have ended a subsidy for energy, but we have to build capacity either way. Didn’t get me wrong, we need both and the credits were a good thing. The article does point out some good reasons why gas is getting more expensive.

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