Origin Energy says the cost of wind and solar farms has fallen so far it is now cheaper than the marginal cost of coal generation, and the company is moving on from the concept of “24/7 base-load”.
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| Wind and solar is cheaper than the marginal cost of coal generation. |
The assessment was made by Greg Jarvis, the company’s head of energy trading and operations, in an interview for RenewEconomy’s popular Energy Insiders podcast, published on Tuesday.
“I have been in this game for so long … the one thing I have seen is just the cost of renewables really change the game,” Jarvis says. “It is amazing what we have been seeing.
Read the story by Giles Parkinson from RenewEconomy - “Origin says solar cheaper than coal, moving on from base-load.”
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