Lazard LCOE

Lazard: Wind & Solar Power Costs Continue To Fall, Putting Coal & Nuclear At A…

9 years Steve Hanley 0 Comments

Lazard is a global asset management company that tracks the cost of producing electricity, among other things. It uses a measure called the Levelized Cost of Energy (LCOE), which averages the estimated costs of construction, maintenance, and fuel for electricity generating assets over the number of megawatt-hours that each is expected to produce over its lifetime. In simple terms, it is one way of comparing different ways of making electricity to see which cost more and which cost less.

Solar Power Is Not Merely Least Expensive

10 years George Harvey 0 Comments

We’ve seen a lot of commentary on the fact that utility-scale solar power has become the least expensive source of electricity in many places. There is more than that to be found in the data in Lazard’s Levelized Cost of Energy Analysis, Version 10.0, however, and what it tells us is that solar and wind power have benefits apart from the simple facts that their costs are low.