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Apex Clean Energy tells committee renewables are least-cost, fast-to-deploy option for near-term load growth
Summary
An industry representative from Apex Clean Energy told the committee that solar, wind and battery storage are currently the least-cost and fastest-to-deploy resources to serve near-term load growth, contrasted the multiyear lead times for new thermal plants and underscored renewables' role as a hedge against fuel-price-driven rate increases.
An Apex Clean Energy representative briefed the committee on the economics and deployment timelines of renewable resources, arguing that utility-scale solar, wind and storage are the least-cost resources available today and can be deployed quickly to meet rapid load growth and economic opportunities.
The presenter, who described previous roles in state and utility energy offices, cited Lazard levelized-cost-of-energy (LCOE)…
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