24 April 2019 - angela.reggi
Coal is on the way out: study finds fossil fuel now pricier than solar or wind
According to a study cited by The Guardian, around three-quarters of US coal production is now more expensive than solar and wind energy in providing electricity to American households.
By 2025 the picture becomes even clearer, with nearly the entire US coal system out-competed on cost by wind and solar, even when factoring in the construction of new wind turbines and solar panels.
The study’s authors used public financial filings and data from the Energy Information Agency (EIA) to work out the cost of energy from coal plants compared with wind and solar options.
From this emerges an economic picture that seems to reduce the political scope of many national targets regarding the elimination of coal by 2025, such the Italian case that confirms its trend within its National Energy Strategy, that effectively transforms a political will into an economic necessity.
The important thing now is to give a concrete effect to this fundamental transition. In the case of ENEL, according to its Chief Executive Officer Francesco Starace, 3 of the 5 Italian coal plants, such as Venezia-Fusina, La Spezia and Sulcis-Portoscuso will not go beyond 2021, while Brindisi and Civitavecchia, will close by 2025.
For the full article click here.
12 December 2022
A new face for Carbon Footprint Italy
10 November 2022
Aequilibria at the COP27 in Sharm el-Sheikh
12 October 2022
Greenwashing: the other side of sustainability
6 October 2022
Big news in the Carbon Footprint International Alliance!
19 July 2022
The second edition of Close the Tap is ONLINE!
16 June 2022
Aequilibria is Sustainability Partner of HERO Dolomites!
19 April 2022
The video contest “CLOSE THE TAP” has come to an end: here are the winners
31 March 2022
Arctic and Antarctica never so hot: what is going on?
22 March 2022
The Council of the European Union approves the CBAM, the new Carbon Border Adjustment Mechanism
7 December 2021
The video contest on climate change “Close the tap” is now on FilmFreeway platform
15 November 2021
Good morning from Glasgow: Daniele Pernigotti at the COP26 – The Good COP and the Bad COP for the Glasgow Climate Pact
12 November 2021
Good morning from Glasgow: Daniele Pernigotti at the COP26 – The last mile
11 November 2021
Good morning from Glasgow: Daniele Pernigotti at the COP26 – The COP failed! Or not, there is a deal! The immaturity of (some) Italian press
10 November 2021
Good morning from Glasgow: Daniele Pernigotti at the COP26 – The famous Article 6
9 November 2021
Good morning from Glasgow: Daniele Pernigotti at the COP26 – For those thirty pieces of silver…
8 November 2021
Good morning from Glasgow: Daniele Pernigotti at the COP26 – Success, failure, or the usual half-full glass?
5 November 2021
Good morning from Glasgow: Daniele Pernigotti at the COP26 – The first step towards a global Carbon Footprint label
4 November 2021
Good morning from Glasgow: Daniele Pernigotti at the COP26 – Adaptation: the other side of the coin
3 November 2021
Good morning from Glasgow: Daniele Pernigotti at the COP26 – Participation or anti-COVID19 measures…That is the question.