This conversion of electrical energy resources requires both the construction of new infrastructure and the retirement of coal-fired generation facilities. The unexpected costs of retiring carbon-based energy sources—including “early” retirement of fully functional, dispatchable baseload electrical generation capacity—represent an unintended consequence of the current US energy transition policy. [4]Accelerated Reduction of the Coal-Fired Power GenerationOver the last 15 years, closures and retirements of the US coal-fired generation fleet have outpaced original estimates. The reduction in the remaining coal-fired generation energy output has also decreased at an even faster rate than the reduction in coal-fired generating units. Hydrogen - Hydrogen is an intriguing opportunity; however, grid-scale, green hydrogen plants are still in the pilot stage of development.

Source: Washington Post June 07, 2024 13:37 UTC