I ran across this article about an Indiana utility having rejected a bid fo r fossil fuel generation based on cost and risk.
"Vectren?s 2016 proposal to replace coal with a gas plant was decli ned as too large and financially risky for the small utility, requiring a n ew bid ? which recently came in showing wind, solar and storage dom inating the list of offers."
In addition it seems another Indiana utility is going hard on for renewable s...
"The Northern Indiana Public Service Company (NIPSCO) learns fast. In 2018, the utility published research suggesting that closing coal plants early, and replacing them with renewables and energy storage, would save customers $4.3 billion. Around the same time as the above bids, the utility announce d it would be closing a majority of its coal facilities by 2023 (thus the n eed for the following procurement), and all coal facilities by 2028. Coal l obbyists, expectedly, have flooded the state?s legislature."
They are looking at adding "2.3 GW of capacity from solar power plants coup led with energy storage". The costs they are expecting to see...
"A preview of where pricing might come in could be seen in the below image, from a summer of 2018 NIPSCO RFP, where we saw bids for solar power at 3.5
e of $5.90/kW-Mo."
If I understand the storage costs, they seem pretty trivial. I'd love to h ave my power supplied this way. It would cut my electric bill in half. Go od thing my power is local, but not so local it comes from the expensive nu clear power plant next door.
I'm wondering how soon it will be until no one even thinks of any other ene rgy source. Certainly nuclear is a bad idea going forward.