(Bloomberg) -- Natural gas is about to get a glimpse of its future role in the U.S. power mix as solar energy’s backup.
During the upcoming Aug. 21 eclipse, operators of giant solar fields from California to the Carolinas will cede market share to fast-start natural gas generators as well as hydroelectric plants and other sources to fill the gaps as the sky darkens. The celestial event, the first total solar eclipse visible in the lower 48 states since 1979, will provide owners of gas turbines a chance to shine even as the fossil-fuel is expected to be displaced over time by solar and wind energy.
The eclipse comes as the U.S. power grid undergoes a transformation that will bring increasing amounts of flexible resources needed to complement growing supplies of solar and wind energy. Solar installations have grown ninefold since 2012 and renewable sources are forecast to supply just as much of America’s electricity demand as gas by 2040, according to Bloomberg New Energy Finance.Click HERE to read more ...