Amy Oliver Cooke: Are Renewables as Cheap as Pundits Say?
Amy Oliver Cooke of the Independence Institute explains the costs of switching to 100% renewable energy in Colorado.
In this edition of The Heartland Daily Podcast, Amy Oliver Cooke of the Independence Institute and research fellow Isaac Orr discuss the cost of switching to 100% renewable energy in Colorado. This would mean replacing existing coal and natural gas power plants with wind, solar, and battery storage.
Switching to a 100% renewable energy system would cost Colorado $44.88 billion. Furthermore, this total only includes the costs of building the necessary wind and solar capacity, utility scale battery storage, and retire the state’s entire coal and natural gas fleet, not the cost of transmission lines.
This total equates to $8,100 for every man, woman, and child currently in Colorado, more than $32,000 for a family of four.