- Jun 26, 2020 7:38 pm GMT
Boom! They keep falling.
The closure of coal across the Western US is accelerating as the continuing drop in cost for renewables and storage makes coal uneconomic. Starting to look like almost all coal plants out West will be gone by 2032.
Friday, the CSU board voted 7-2 to close the Drake by 2023 and the Ray Nixon Plant, south of Colorado Springs, by 2030. CSU says it gets 416 megawatts of coal-fired power.
Instead, CSU will be relying on 500 megawatts of new wind energy, 150 megawatts of solar power, and more than 400 megawatts of battery storage.
According to an analysis by Strategen provided to CSU, decommissioning both of the plants and replacing them with wind energy could save customers more than $150 million.
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