Rising Prices of Gas-Fired Power Plants Makes Solar Assets More Appealing -- Market Talk

Dow Jones03-26 22:30

1030 ET - Rising prices of natural-gas-fired generating stations in the U.S. are increasing the attractiveness of solar-power assets, says Doug Kimmelman, executive chairman of Energy Capital Partners, or ECP, a private-equity firm in Summit, N.J., that invests in energy infrastructure. That's especially true of solar installations that can supply additional electricity during periods of peak demand-a role usually filled by gas-burning plants-because solar plants don't have any fuel costs, Kimmelman says. "It may only be available 10 hours a day, but it helps [increase grid] reliability," he says of solar energy. Solar projects are also less costly and can be built much faster compared with gas-fired generators, Kimmelman adds. "Even though there are tariffs on the panels and subsidies are fading, on a relative basis, solar is the cheapest it's ever been." (luis.garcia@wsj.com; @lhvgarcia)

(END) Dow Jones Newswires

March 26, 2026 10:30 ET (14:30 GMT)

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