A fly in the ointment just discovered...and it is not pretty. | MLPs Message Board Posts

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Msg  102701 of 120858  at  5/15/2019 3:27:14 PM  by

ARB


 In response to msg 102699 by  PinewoodsBear
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Re: A fly in the ointment just discovered...and it is not pretty.

Thank you for sharing the message. Nisource went out for bids a few years ago while solar and wind were moderately subsidized. They decided on mostly solar on the 20 year contracts.
The article specifically states and restated that their decision might be different for another utility; even one close by. You also need to remember they were involved in a very costly gas explosion in Massachusetts.
What the article is missing regarding solar is solar panels degrade at a rate of approximately 3% a year. Storage today also degrades. Am not an expert there maybe someone else can assist with that number.
I would think this suggests NatGas will until we move to the next generation of storage will usually be the source of power.


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