The future is bright and breezy, not black and dirty. Whatever is going on with Austin Energy misses some very important and fundamental news.
AUSTIN — Really? Austin Energy is against alternative energy? A report in the Austin American Statesman on Friday, August 1, says just that. Why? Austin just signed a contract for 150 Mw solar for 5 cents per kilowatt-hour (KWh) — likely a new world record! The cost was so cheap that Austin tripled the size of the new facility from 50 to 150 megawatts.
That Statesman article says Michael Osborne, chair of the Generation Resource Planning Task Force and a former Austin Energy executive, said this is half the price of energy from natural gas. The July report from the Austin Generating Task Force has new coal at 5.5 cents per KWh, new nuclear at 10.4 cents, and new natural gas at 2.9 to 10.8 cents per KWh. The cheapest energy in Austin today is from a contract for wind signed by Council in February for 2.6 to 3.6 cents per KWh.
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