this post was submitted on 03 Jun 2023
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Environment

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Solar Is Now 33% Cheaper Than Gas Power in US, Guggenheim Says (web.archive.org)
submitted 1 year ago* (last edited 1 year ago) by BrooklynMan@lemmy.ml to c/environment@beehaw.org
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Natural gas’s dominance as power-plant fuel in the US is fading fast as the cost of electricity generated by wind farms and solar projects tumbles, according to Guggenheim Securities.

Utility-scale solar is now about a third cheaper than gas-fired power, while onshore wind is about 44% less expensive, Guggenheim analysts led by Shahriar Pourreza said Monday in a note to clients.

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