SciTech Connect

Title: The true cost of renewables: An analytic response to the coal industry`s attack on renewable energy

The true cost of renewables: An analytic response to the coal industry`s attack on renewable energy In April 1995, the Center for Energy and Economic Development (CEED), an umbrella organization of pro-coal interests, released a report entitled Energy Choices in a Competitive Era: The Role of Renewable and Traditional Energy Resources in America`s Electric Generation Mix. The report purports to show that a very modest growth in the use of renewable energy in the U.S. power sector would entail unaffordable costs for the nation`s electricity ratepayers. The National Renewable Energy Laboratory (NREL) was commissioned by the U.S. Department of Energy (DOE) to review the assumptions contained in the report, which was prepared for CEED by Resource Data International, Inc. (RDI). The NREL analysis finds that the conclusions of the CEED/RDI study are based on faulty data and assumptions regarding the comparative economics of coal and renewable energy development. After correcting these errors, NREL finds that a modest growth path of renewable resource development would essentially cost the nation little more than projected electricity market costs for coal-fired generation, even before considering the environmental benefits that would accompany this development.
Authors: ;
Publication Date:
OSTI Identifier:116652
Report Number(s):NREL/TP--462-20032
ON: DE95013114; TRN: 95:007723
DOE Contract Number:AC36-83CH10093
Resource Type:Technical Report
Data Type:
Resource Relation:Other Information: PBD: Oct 1995
Research Org:National Renewable Energy Lab., Golden, CO (United States)
Sponsoring Org:USDOE, Washington, DC (United States)
Country of Publication:United States
Language:English
Subject: 29 ENERGY PLANNING AND POLICY; COAL; RESOURCE DEVELOPMENT; COMPARATIVE EVALUATIONS; RENEWABLE ENERGY SOURCES; ECONOMIC DEVELOPMENT; COST BENEFIT ANALYSIS; COAL INDUSTRY RENEWABLE ENERGY COST; COAL INDUSTRY; RENEWABLE ENERGY TECHNOLOGIES