Utility-Scale Solar Reaches LCOE Range Between 2–4¢ Per kWh In The USA (Record Low)
Utility-scale solar projects mean cost of solar energy is at a record low!
Search Results for: LCOE
New Study: Renewables Much Cheaper Than Fossils — Levelized Cost of Electricity (LCOE) Study
Another study came out recently showing that solar and wind power are the cheapest options in town for new electricity supply. This has been the case for at least a few years, as study after study after study has shown, and as indicated by the majority of new power capacity … [continued]
Solar Costs & Wind Costs So Low They’re Cheaper Than *Existing* Coal & Nuclear —…
A brief decade held considerable cost-efficiency gains in wind and solar. These sustainable technologies are now more cost-effective than any other power generation technologies in general, according to Lazard. Solar and wind technologies simply make more sense.
Offshore Wind Accelerator To Receive £6.4 Million In Funding To Reduce LCoE Of Offshore Wind
The Carbon Trust’s flagship R&D program, the Offshore Wind Accelerator, has received an investment boost of £6.4 million that is aimed at reducing the levelized cost of energy from offshore wind. According to the Carbon Trust, nine of Europe’s largest offshore wind developers have signed on to a new program with the … [continued]
Siemens Commits To Lowering LCoE Of Offshore Wind By 2025
German engineering company Siemens has announced its commitment to lowering the Levelized Cost of Electricity of offshore wind power by 2025. Announced at the Global Offshore Wind 2016 conference and exhibition in Manchester, England, this week, Siemens has unveiled its intentions to commit to lowering the Levelized Cost of Electricity (LCoE) … [continued]
Renewable Energy Is More Competitive Than Ever With Improved LCOE
Levelized Cost of Electricity improvements have helped make renewable energy more competitive than ever, according to MAKE Consulting. The global renewable energy industry, in particular its wind and solar segments, have seen tremendous growth over the last several years, allowing for continued technological and efficiency improvements, leading to significantly improved … [continued]
LCOE of Utility-Scale Solar Power Getting Really Competitive
Before we shared this chart in an article about the extremely low cost of wind power, one of our readers actually sent it along to me with the dashed red line inserted as above (click on the chart to see it more clearly). It’s exciting to see wind power at such a … [continued]
Time To Drop LCOE?
Originally published on Rocky Mountain Institute. By Peter Bronski Leaving behind the limitations of levelized cost of energy for a better energy metric Once upon a time I was infatuated with levelized cost of energy (LCOE). It has had staying power, in prevalent use for decades as a metric of … [continued]
Grid Parity, Low LCOE Driving 34% Global Renewables Capacity by 2030
Fast-changing economics mean renewables worldwide will represent 34% of all installed capacity by 2030, according to a new report from the World Energy Council and Bloomberg New Energy Finance.
Wind Levelized Cost of Electricity (LCOE) at All-Time Low
It’s been awhile since I read and wrote about so many huge clean energy stories in one day, or in one week. From clean, renewable energy providing Europe with 70% of its new power in 2011, to solar PV bringing down the cost of electricity in Germany, to the largest offshore wind farm in the world opening in the UK today, and even more big stories in between, this is a time to remember. Another big story, reported by Greentech Media and discovered by researchers at the Lawrence Berkeley National Laboratory (LBNL), is that the levelized cost of electricity (LCOE) from wind power has reached an all-time low.
