Report: Wind, solar energy now cheaper than most existing coal plants

A new report suggests it costs more to operate four of Wisconsin’s seven largest coal-fired electricity plants than it would to replace them with wind and solar power… The study found that, in theory, wind and solar could today replace nearly three-quarters of the nation’s coal plants at an immediate saving. Those include plants in Oak Creek, Genoa, and Wausau with a combined capacity of nearly 3,000 megawatts.

By 2025, the study found, renewables will be more than 25 percent cheaper than every coal plant in Wisconsin except We Energies’ Elm Road Generating Station, which was built in this decade. And it could be done on usable land within 35 miles of each plant…

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