Looking through Lazard’s recent LCOE (levelized cost of energy) report, in addition to the key headline points on renewable energy costs vs. fossil fuel and nuclear energy costs, I ran across some interesting notes the analysts made about energy storage projects in the USA. In particular, Lazard highlighted some effects … [continued]
Lazard recently released its latests analysis of LCOE (levelized cost of energy) for different power sources. As has been the case for the past several years, solar and wind power remain highly competitive (aka cheap). However, estimates on the high end of the price range have come down a bit … [continued]
Wind and solar are far and away the least expensive sources of electricity available today, leading to major increases in both.
All of the projects proposing to manufacture hydrogen where sunshine and wind are constant and cheap and ship it to where energy is consumed are clearly based on hand-waving, ignorance, sheer #hopium or outright larceny.
The basics of physics and economics have a way of winning arguments against lobbyists eventually, so the hydrogen problem will be eliminated.
Utility-scale solar projects mean cost of solar energy is at a record low!
We recently saw the International Energy Agency (IEA) report that solar power offers the cheapest electricity in history. That was a global report. A US-focused report from Lazard recently reported something similar, but even better news.
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.
Why has GE Ventures been cornered into selling off its portfolio?
The multi-billion dollar global demand for solar trackers is red hot, and expected to continue to glow red for at least the next five years, according to the latest market forecast. The global single-axis solar photovoltaic tracker market is expected to show a cumulative average growth rate of close to 28% during the period 2019-2023.
