Energy
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Renewable proponents say batteries can stabilize the grid, but experts say costs are ‘astronomical’
The cost of replacing some of the capacity of a Maryland coal plant with battery storage would cost around $416 per kilowatt hour. By comparison, the average price of electricity in the U.S. is 16.10 cents per kilowatt hour.
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Florida regulators approve rate cut requests by two utilities
Under state law, utilities can charge customers for increased fuel charges, but when prices go down, they're also required to lower rates.
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25 states fight EPA's power plant smokestack regulations
The new EPA rule will require coal and natural gas power plants to capture smokestack emissions or shutter.