Texas company Vistra Energy is looking at combining renewables with battery storage, two months after shutting 4,200 MW of coal capacity and investing in a 180 MW solar facility. CEO Morgan said he does not believe coal was facing a "renaissance", but rather "was on its way out", telling CNBC: "when you combine batteries with the intermittent nature of renewables, you can create a more stable electric product".
Texas company Vistra Energy is looking at combining renewables with battery storage, two months after shutting 4,200 MW of coal capacity and investing in a 180 MW solar facility. CEO Curtis Morgan said he does not believe coal was facing a "renaissance", but rather "was on its way out", telling CNBC: "when you combine batteries with the intermittent nature of renewables, you can create a more stable electric product".