Feb 12: Completely eliminating coal-fired power generation globally, it is estimated, could entail construction of over 10,000 power plants at an estimated cost of $ 3-7 trillion using natural gas-fired capacity as a replacement.
8Alternately, the cost of a theoretical wind-and-battery storage combination is about 2.5 times that range.
8The natural gas option exceeds today's market capitalization of the entire S&P Energy index by roughly fourfold, while the wind-battery option is about 10 times today's market capitalization of the S&P Energy index as a whole.
8So think carefully before you speak of the end of coal as a fuel for the future
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