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Rocky Mountain Institute study shows renewables are kicking natural gas to the curb

by Steve Hanley, Clean Technica


  • New research from the Rocky Mountain Institute (RMI) shows that renewable energy is leading natural gas as the preferred choice of new electricity generation 
  • The study looks at energy projects from two of America’s largest electricity markets — ERCOT and PJM
  • RMI argues that there should be a shift away from utility monopolies and an embrace of open competition 
  • Over the past two years, there has been a transition away from building new gas fired plants towards more renewable energy projects as they are performing better within electricity markets 
  • Since 2018 the demand for clean energy projects has doubled while gas project demands have been cut in half, leaving over $30 billion worth of gas projects canceled or abandoned 
  • Voting in climate champions will promote federal policies that prioritize clean energy and help appoint the right people into government agencies like the Federal Energy Regulatory Commission 

Scientists are increasingly warning that to avoid catastrophic impacts from climate change, the world’s governments must implement massive reductions of warming emissions and begin a drawdown of greenhouse gases (GHG) from the atmosphere over the decade ahead.  For a safe and healthy future for all, endorse the Climate-Safe California Platform to implement scalable solutions that can reverse the climate crisis.

Read More: https://cleantechnica.com/2020/10/03/rocky-mountain-institute-study-shows-renewables-are-kicking-natural-gas-to-the-curb/