By [email protected] A draft version of the Department of Energy’s highly anticipated grid study states that wind and solar do not represent a serious threat to electric grid reliability, running counter to comments made by Energy Secretary Rick Perry earlier this year.
“Costly environmental regulations and subsidized renewable generation have exacerbated baseload power plant retirements,” according to a draft obtained by Bloomberg. “However, those factors played minor roles compared to the longstanding drop in electricity demand relative to previous expectations and years of low electric prices driven by high natural gas availability.”
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