Natural gas shouldn’t feel threatened by solar or wind. Solar and wind shouldn’t feel threatened by natural gas.
Increasing levels of solar and wind in the power production system need to be firmed by natural gas.
The Renewables Electricity Futures Study, a new comprehensive report from the National Renewable Energy Laboratory, concluded that “variable generation levels of up to nearly 50% of annual electricity can be accommodated when a broad portfolio of supply- and demand-side flexibility resources is available at a level substantially higher than in today’s electricity system” and that broad portfolio should include “sufficient capacity on the system for planning reserves” and “demand-side interruptible load, conventional generators (particularly natural gas generators), and storage.”
What is unknown is how current, unprecedentedly low natural gas prices will affect the growth of solar and wind… Read more