Press Mention PV Magazine August 7, 2022
SACE Quoted
North Carolinians would save $18 billion through 2050 with high-renewables carbon plan
In this mention
A Synapse Energy Economics study co-sponsored by the North Carolina Sustainable Energy Association and clean energy groups, including SACE, found that a high-renewables carbon plan would save North Carolina ratepayers $18 billion through 2050 compared to Duke Energy's proposal. The Synapse plan adds 21 GW more solar and 22 GW more battery storage by 2050 than Duke's plan, while avoiding new gas capacity through 2030. SACE research director Maggie Shober warned that utility investments in new gas plants expose customers to volatile fuel prices and stranded assets.
Utility plans to invest in new gas power plants are risky, opening up customers to higher bills driven by volatile fuel prices and stranded assets
Maggie Shober
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