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Browsing the "lcoe" Tag

Carbon Pricing & The Energy Transition

June 14th, 2020 | by Brad Rouse

We are making great progress, with costs of solar, wind, and batteries continuing their decline. But we are not moving fast enough to turn the tide on human-caused climate change. One study I saw recently said we need to be installing wind and solar at triple the current rate to get to 90% renewable just for electricity by


Bifacial Solar Panels That Follow The Sun Now Most Cost Effective

June 7th, 2020 | by Cynthia Shahan

A bifacial solar panel is a solar panel that can collect energy from the front side and the rear side (a normal monofacial panel only collects energy from one side). Bifacial solar technology was created in the latter 1960s. It was dormant while the broader PV market  exploded. It was too costly for the incremental energy production improvements


US Wind Power Plants Show Little Decline With Age

May 25th, 2020 | by Cynthia Shahan

Some days if feels like things aren't made to last. Cell phone replacements, for one — how many does one have to have? Wind turbines, however, show a refined aging that suffers little efficiency loss over time


Utility-Scale Solar Has Led U.S. Solar Since 2012

January 5th, 2020 | by Guest Contributor

The utility-scale solar sector has led the overall U.S. solar market in terms of installed capacity since 2012. In 2018, the utility-scale sector accounted for nearly 60% of all new solar capacity, and is expected to maintain its market-leading position for at least another six years


Clean Energy At 1 Cent Per Kilowatt-Hour

August 18th, 2019 | by Scott Cooney

We need clean energy, and we need it ASAP. There are barriers to getting it done, including permitting, price, land-use issues, energy-water nexus issues, lobbying efforts by the fossil industries and the puppets they install in our government, and more. Capital projects can take years to develop as a result of these obstacles


India & Australia To Lead Cost Competitive Renewables In Asia Pacific

July 30th, 2019 | by Joshua S Hill

India and Australia are expected to lead a regional shift in power generation costs over the next few years, which will see renewable energy sources become cost competitive and cheaper than fossil fuels in the next few years, according to new figures published over the weekend by Wood Mackenzie Power & Renewables


Why You Don’t Always See Megawatt-Hours (MWh) In Reporting

May 1st, 2019 | by Joshua S Hill

Measuring generation capacity of a solar or wind farm, for instance, is relatively simple --- you can refer to its base figure or its peak figure (which is why you sometimes see MW or GW followed by a "p"). However, the same cannot be said for energy storage, as base capacity is, while a valuable figure, not the most valuable figure. Unsurprisingly, the figure people want to know for energy storage projects is how long it can provide power --- which is where megawatt- or gigawatt-hours (MWh/GWh) come in; how many megawatt-hours can your new energy storage provide


The Doom Of Fossil Fuel Investments

November 18th, 2018 | by Guest Contributor

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


Renewable Energy Grid Parity Confusion, Old Data, & Media Errors

January 15th, 2018 | by George Harvey

The International Renewable Energy Agency (IRENA) has been much in the news since it released its report Renewable Power Generation Costs in 2017. Article after article has told us that it said we could see the costs of renewable energy drop to meet those of fossil fuels by


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

November 7th, 2017 | by Steve Hanley

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



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