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Browsing the "levelised cost of electricity" Tag

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


Offshore Wind Costs Down 22% To $126/MWh, According To BNEF

November 1st, 2016 | by Joshua S Hill

The offshore wind industry has seen its global levelised costs of electricity plummet 22% due to competitive bidding, reaching a benchmark estimate of $126/MWh during the second half of this year, according to new figures from Bloomberg New Energy Finance.



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