Tuesday, November 22, 2016

USA: NREL Study Envisages a Reduction in geothermal Plant Costs

NREL 2016 Standard Scenarios Outlook Shows Continued Growth in Renewables and Gas in the U.S. Power Sector

The Energy Department's National Renewable Energy Laboratory (NREL) has released the 2016 Standard Scenarios: A U.S. Electricity Sector Outlook. The outlook shows significant projected growth in natural gas and renewables through 2050 driven by abundant, low-cost natural gas and renewable energy cost declines and performance improvements. The Standard Scenarios are designed to capture a range of possible futures across a variety of factors that could impact power sector evolution.