Levelized Cost of Electricity improvements have helped make renewable energy more competitive than ever, according to MAKE Consulting. The global renewable energy industry, in particular its wind and solar segments, have seen tremendous growth over the last several years, allowing for continued technological and efficiency improvements, leading to significantly improved … [continued]
Originally published on RenewEconomy. In its first in-depth analysis on the costs of energy storage, US investment bank Lazard says storage is already competitive in some situations – particularly at the utility scale and in providing services such as frequency regulation that was previously the province of conventional fuels. Lazard … [continued]
Originally published on Sustainnovate. By Henry Lindon Wind energy and solar energy are notably beating out conventional generation modalities (coal, natural gas, nuclear, etc) with regard to production costs and abatement as well, according to a new study from the US investment bank Lazard. The report notes that, despite recent … [continued]
Floating offshore wind could deliver cost effective, secure, and safe renewable energy for the UK from the mid 2020s according to new research. A new report published by the UK’s Energy Technologies Institute (ETI) has concluded that floating offshore wind could deliver a levelized cost of energy (LCOE) of less … [continued]
A new report from Bloomberg New Energy Finance has concluded that the levelized cost of electricity is closing between wind and solar with gas and coal. Bloomberg New Energy Finance (BNEF) published its Levelised Cost of Electricity Update for the second half of 2015 this week, and concluded that onshore … [continued]
The energy storage company UniEnergy Technologies claims that its flow battery costs “multiple times” less than Li-ion batteries like those used by Tesla.
By David Miller, Director of Business Development, Greensmith Summary Advanced energy storage management software optimizes system performance, supports complex applications, and future-proofs energy storage systems against technological changes. Thus, software improves ROI and lowers system risk, helping energy storage proliferate and become a critical element of the modern grid. Introduction … [continued]
Originally published on RenewEconomy. When radio shock jock Alan Jones got the cost of wind energy so horribly wrong in front of a million or so viewers on ABC TV last month, he did more than misplace a decimal point. He repeated an often-made misunderstanding about the costs of energy, … [continued]
By Bob Wallace & Zachary Shahan Wind and solar electricity have become some of our least expensive ways to generate electricity in several markets around the world. Wind is now the cheapest way to bring new electricity generation to the grid in the US as well as many other countries. … [continued]
Here are some more great solar stories from around the interwebs, to complement our own solar stories: For Consumers 1. Going Solar Made Easier By Online Shopping Site and Staples Gift Cards 2. New Financing Models to Drive Demand for Commercial Solar 3. Crowdfunding Solar Power for the World’s Poorest People 4. This Social … [continued]
