Dec. 11 — Consultants at Synapse Energy Economics have demonstrated that CPS Energy could make more money by shutting down Spruce and replacing it with wind and solar energy. While extraordinarily high electricity prices temporarily made Spruce profitable two summers ago, those conditions are unpredictable. The Synapse analysis shows that the plant was likely losing money for the utility in prior years, and it is highly unlikely to be the most profitable option in the future.
San Antonio Express-News (Commentary): CPS Energy’s defense of coal doesn’t hold up
Dec 14, 2020 | News Roundup