solar energy

In a just-released report, the International Renewable Energy Agency (IRENA) claims that renewable energy is the most cost-competitive source of new electricity generation worldwide. The report further claims that “91% of new renewable power projects commissioned last year were more cost-effective than any new fossil fuel alternative” based on levelized costs, which can be thought of as the energy equivalent of a fixed mortgage. If those claims sound too good to be true, it’s because they are. IRENA’s boasts ignore a fundamental reality: the intermittent electricity generated from wind and solar is fundamentally different than electricity generated by traditional generating resources that are not subject to the whims of the weather. In the U.S., the Energy Information Administration (EIA) makes the Read More ›

The following opinion piece, by Ann Donnelly originally published in The Columbian, reviews the findings of our report, “The Crippling Costs of Electrification and Net Zero Energy Policies in the Pacific Northwest.” Read the report here and watch the documentary here. Oregon’s and Washington’s legislatures have passed electrification mandates, with deadlines for net-zero emissions by 2040 in Oregon and 2030 in Washington, and for carbon-free emissions by 2040 in Oregon and 2045 in Washington. But what will these mandates cost? Until now, we haven’t known. We finally have an educated estimate, based on sound modeling, transparent methodology and reasonable assumptions. But the sponsors of the study are not those responsible for knowing the answer, such as state policymakers, Bonneville Power Read More ›