If utilities modernize the way they select the resources they run each day, they can save carbon and reduce energy prices.
has the monthly results for every coal plant currently operating. The results can be filtered at the national, regional, state, utility, or plant level and will show when coal was economic to dispatch. Some interesting findings include:
Since 2012, utilities in the Southeast uneconomically committed coal at a $5.6 billion price tag for customers; those losses account for over one-third of all losses associated with uneconomic commitment. This is unsurprising because utility companies in the southeast haven’t had access to transparent market prices.
The largest opportunities for saving are in the West and Southeast, where there isn’t a sufficiently liquid energy market with transparent pricing. Implementing a robust day ahead and real-time energy market with centralized dispatch based on merit order has the potential to reduce energy costs by hundreds of millions of dollars each year.
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