Connect with us

Hi, what are you looking for?

CleanTechnica
Two new reports show that clean energy such as solar and wind power could save consumers tens of billions of dollars a year in coming decades.

Air Quality

Tens Of Billions Of Dollars Could Be Saved By Clean Energy

Two new reports show that clean energy such as solar and wind power could save consumers tens of billions of dollars a year in coming decades.

Several research studies have shown that renewable energy could wind up saving consumers tens of billions of dollars. Two of them found that $26.7 billion a year could be saved.

wind turbines clean energy
One is called, “The Potential Rate Effects of Wind Energy and Transmission in the Midwest ISO Region.” This study report says about 100 GW of wind power could be online by 2031 in the Midwest. It also says this region of the country has effectively inexhaustible wind resources  available.”The Net Benefits of Increased Wind Power in PJM” is the second. An NREL study, “THE WESTERN WIND AND SOLAR INTEGRATION STUDY PHASE 2:,” found that in the Rocky Mountain states renewable energy could save almost $7 billion a year.

These studies may not fully factor in the costs of retiring existing power plants and upgrading infrastructure to allow new clean energy sources to function well with current grid systems. Their main point is that over time, — especially with dropping clean energy prices — there will likely be financial benefits to consumers.

As the World Resources Institute notes, “The trend is clear: The United States is moving towards cleaner power generation, with renewable energy at the forefront. EPA’s new regulations will help accelerate this transition, continue the reduction in U.S. carbon emissions, and offer customers hundreds of dollars in savings annually compared to the cost of continuing to run the current power plant fleet.”

Iowa alone could generate about 50% of its electricity from wind by 2018. Wind power there helps save Iowans over 3.5 billion gallons of water each year, according to a 2013 report. It also eliminates thousands of tons of smog-causing pollutants.

Environment Iowa published a personal scenario from a local businessman, “As a farmer, I depend on a clean and safe water supply every day for my crops and my animals. Severe droughts like that of the last couple years can be devastating for farmers like me that depend on water for our livelihoods. Developing wind energy is important to protect our air, water, and our farming communities that are so much a part of our way of life in Iowa,” said Russ Winterhoff, a farmer from Aurelia, Iowa who was the first in Iowa to build two wind turbines on his land to power his turkey farm.”

So, there is no question that clean energy already has benefits for consumers. Eventually, it is likely they will also save money on their energy bills.

 
 
 
Don't want to miss a cleantech story? Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News!
 

Have a tip for CleanTechnica, want to advertise, or want to suggest a guest for our CleanTech Talk podcast? Contact us here.
Advertisement
 
Written By

Hello, I have been writing online for some time, and enjoy the outdoors. If you like, you can follow me on Twitter: https://twitter.com/JakeRsol

Comments

You May Also Like

Cars

China spent $546 billion of 2022's $1.1 trillion USD global green investment, but China is getting about a trillion USD in value out of...

Cars

With EV charging standardization still up in the air, Tesla CEO Elon Musk goes to Washington.

Agriculture

Drones are changing the ground under our feet. Their game-changing use in warfare has been highlighted by Russia’s murderous invasion of Ukraine, but they...

Cars

Maybe there will be an interesting book about Aptera after it inevitably fails. More likely it would be a moderately interesting chapter in a...

Copyright © 2023 CleanTechnica. The content produced by this site is for entertainment purposes only. Opinions and comments published on this site may not be sanctioned by and do not necessarily represent the views of CleanTechnica, its owners, sponsors, affiliates, or subsidiaries.