Recently, Bloomberg New Energy Finance predicted that the cost of new wind and solar would soon beat the cost of refurbished coal plants. Now BNEF predicts that solar will beat the cost of existing, fully depreciated and unrefurbished coal plants by 2032. And wind will follow soon after.
Originally published on RenewEconomy. Last week, leading lights of the global fossil power industry gathered at a conference in Houston, Texas, for CERA, known in the sector as the “Davos of Energy”. They reportedly got the shock of their professional careers. They had invited the most senior executives from the … [continued]
Originally published on RenewEconomy The decline in demand and wholesale prices, and the rising influence of rooftop solar may be about to claim its biggest base-load victim to date in Australia, with talk that the 980MW Wallerawang coal fired power station in NSW could be closed in 2014. Some 3,000MW … [continued]
