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]
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.
There is a very short window of time to get out of pure-play oil & gas company investments without substantial losses. It is imperative to sell them now. It is already too late to get out of pure-play coal company investments without substantial losses. But they will lose even more money going forward.
