Impact of Renewable Power Market Penetration on Coal Power Generation Capacity Growth
Since renewable energy sources are growing in importance, how well they can penetrate the energy market for power generation will be a very important factor in the role the coal industry will play in the future. This paper examined the displacement of coal power plant capacity from 2010 to 2050 by renewables with respect to three drivers assumed under various conditions: the American Recovery and Reinvestment Act (ARRA), Greenhouse Gas (GHG) policy, and varying plant capital cost cases. The results by 2050 illustrate that renewable market penetration captures anywhere from 1.9% to 6.4% of potential coal power generation capacity additions. Renewable power generation capacity additions is expected to outpace coal power plant additions by 89% with respect to ARRA in 2050, however with no GHG policy coal power generation capacity build-outs will outpace renewables by as high as 809%. Finally, coal power generation is still projected to be the largest single energy source contributor to the electricity market making up 28.0% of total available capacity, while renewables are expected to only make up 16.3% of total available capacity. © The Editorial Office of Journal of Coal Science and Engineering (China) and Springer Verlag Berlin Heidelberg 2011.
M. A. Abdul et al., "Impact of Renewable Power Market Penetration on Coal Power Generation Capacity Growth," Journal of Coal Science and Engineering, Springer Verlag, Jan 2011.
The definitive version is available at http://dx.doi.org/10.1007/s12404-011-0221-2
Mining and Nuclear Engineering
Keywords and Phrases
Coal; Electricity; Policy; Power Generation; Renewable Energy
Article - Journal
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