In USA State of Michigan, wind energy becoming most cost effective

“The cost of renewables will drop like a rock once they reach economies of scale,”

With renewable energy growing and coal shrinking, what’s the future of nuclear plants like Palisades? Michigan Live, By Julie Mack | jmack1@mlive.com on August 28, 2014 KALAMAZOO, MI “…..The jury is still very much out on how nuclear power fits into the picture, which leaves the long-term viability of Palisades Nuclear Plant near South Haven in question……. very possible the supply glut of natural gas and the increasing focus on renewables means those sectors will edge out nuclear as the go-to options for new power production.

Mark Cooper, an analyst for the Institute for Energy and the Environment at the Vermont Law School, maintains the proposed federal clean-energy standards won’t help the financial viability of the U.S. nuclear industry, which last opened a plant in 1989……

“Old nuclear reactors suffer from the fact that they’re not particularly efficient,” he said. “The day after the (clean-energy) announcement, those old plants were just as inefficient as the day before.

“In the dynamic state of the energy markets, if you’re not growing, you’re dying,” Cooper said. “And nuclear is not growing. … It’s going extinct.”…..

Meanwhile, renewable energy in Michigan is getting a boost from a 2008 state law that requires Michigan-based utilities to have renewables as 10 percent of their power production by the end of 2015.

“The cost of renewables will drop like a rock once they reach economies of scale,” Cooper said. In fact, the U.S. Department of Energy is projecting that wind-generated power will be more cost-efficient than coal and nuclear and even some types of natural gas plants by 2019……..

While solar power remains on the high end, wind is more economical than coal and nuclear, and some types of natural-gas plants.

Wind provided 2.4 percent of Michigan’s electricity in 2013, according to the American Wind Energy Association. That’s up from 1 percent in 2012, and is enough electricity to power 300,000 Michigan households, the AWEA says.

The AWEA estimates Michigan has the potential to produce about 59,000 megawatt hours of electricity through wind power. That’s more than half of the state’s current consumption of electricity.

Shift at Consumers Energy

Consumers Energy, the dominant provider of electrical power in Southwest Michigan, seems to be casting its lot with natural gas and renewables…….. http://www.mlive.com/news/kalamazoo/index.ssf/2014/08/pros_and_cons_of_electrical_po.html