In one of the fastest and most astonishing turnarounds in the history of energy, building and running new renewable energy is now cheaper than just running existing coal and nuclear plants in many areas.
 |
| Stunning report - wind and solar now cheaper than existing coal and nuclear plants. |
A widely-used yearly benchmarking study — the Levelized Cost of Energy Analysis (LCOE) from the financial firm Lazard Ltd. — reached this stunning conclusion: In many regions “the full-lifecycle costs of building and operating renewables-based projects have dropped below the operating costs alone of conventional generation technologies such as coal or nuclear.”
Read Joe Romm’s on ThinkProgress story - “New study reaches a stunning conclusion about the cost of solar and wind energy.”
No comments:
Post a Comment