There was a time not so long ago when EV advocates assumed plug-in hybrids would be the bridge technology between conventional cars and battery electrics. The thinking was that battery prices would remain so high that fully electric cars would take a long time to go mainstream. But a funny thing happened on the way to the EV revolution. Battery prices dropped faster than anyone thought possible, weakening the case for plug-in hybrids to the point where today many people smile at the idea of PHEVs. Something similar is happening in the utility industry. For a long time, it was assumed renewables would become ascendant one day but in the meantime, new gas-fired peaker plants would be needed because, you know, the wind doesn’t always blow and the sun doesn’t always shine. For a while that was true, but once again a funny thing happened on the way to the renewable energy revolution. The costs of solar and wind farms plummeted along with the cost of battery storage. Now, according to PV Magazine, several US utilities are saying “no thank you” to new gas-fired generation.
Clean Technica 4th July 2020 read more »