With prices dropping rapidly for both renewables and battery storage, the economics of decarbonizing the grid are changing faster than most policymakers, journalists, and others realize. So, as part of myongoing series, “Almost Everything You Know About Climate Change Solutions Is Outdated,” I will highlight individual case studies of this real-time revolution.
My Monday post discussed the Federal Energy Regulatory Commission’s (FERC) report that in the first quarter, the U.S. grid added 18 megawatts of new natural gas generating capacity, but 1,291 MW of new renewables. But one of FERC’s “Electric Generation Highlights” for March deserves special attention as a leading indicator of the revolutionary new economics of solar plus storage:
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