Renewable energy has been beating coal on cost in many parts of the United States for years, but now we know exactly where coal is out of the money compared to renewables – and exactly how far coal generation is in the red.
New research from Energy Innovation and Vibrant Clean Energy (VCE) shows the U.S. has officially reached the coal cost crossover point, where fast-falling wind and solar prices make simply operating three-quarters of all existing coal generation plants more expensive than building new local renewable energy.
