NewEnergyNews: WORLD’S NEW ENERGY COSTS FALLING

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YESTERDAY

  • Weekend Video: Bloomberg To Colbert – New Energy Is The Answer
  • Weekend Video: Global New Energy Keeps Coming On
  • Weekend Video: The Long Reach Of New Energy
  • THE DAY BEFORE

  • FRIDAY WORLD HEADLINE-Why Geoengineering Has Comes With Big Risks
  • FRIDAY WORLD HEADLINE-The Immense Potential Of Ocean Wind
  • FRIDAY WORLD HEADLINE-The Best Place To Build New Energy Is China – Survey
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  • THE DAY BEFORE THE DAY BEFORE

    THINGS-TO-THINK-ABOUT THURSDAY, October 12:

  • TTTA Thursday-Big Work Now Ahead On Climate Change
  • TTTA Thursday-New Energy Ready To Take Over In The New South
  • TTTA Thursday-How The Ocean Can Store New Energy
  • TTTA Thursday-Indiana Nun Fights For Solar
  • THE DAY BEFORE THAT

  • ORIGINAL REPORTING: New Hampshire Makes A New Energy Compromise That was ‘Worth It’
  • ORIGINAL REPORTING: Survey Shows Utilities Expect New Energy Expansion
  • AND THE DAY BEFORE THAT

  • TODAY’S STUDY: Why Big Buyers Buy New Energy
  • QUICK NEWS, October 10: Why Tariffs On Solar Will Backfire On The President; Private Sector Seizes Wind Opportunity; The EV Boom Needs 1000s More Plugs
  • THE LAST DAY UP HERE

  • TODAY’S STUDY: An Alternative New Energy Plan For North Carolina
  • QUICK NEWS, October 9: Research Shows Feedback Loop Accelerating Climate Change; Solar Growth Leads The World; The Big Opportunity In Wind
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    Founding Editor Herman K. Trabish

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    Research Associate and Contributing Editor Jessica R. Wunder

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  • TODAY AT NewEnergyNews, October 16:

  • TODAY’S STUDY: How Get The Stacked Values Of Battery Storage
  • QUICK NEWS, October 16: Worse Than ‘The New Normal’; New Energy To The Rescue; How Rooftop Solar Cuts Everybody’s Power Bills

    Friday, November 30, 2012

    WORLD’S NEW ENERGY COSTS FALLING

    Renewable power costs continue to fall

    18 November 2012 (International Renewable Energy Agency)

    “Renewable energy has become the most cost-effective way to generate electric power for hundreds of millions of people worldwide who are not on the grid, a new IRENA policy brief reveals. Renewable energy has also become the least-cost option for extending grid supply in areas with suitable resources, such as sun and wind.

    “The findings [of Renewable Power Generation Costs] serve as a wake-up call to policy-makers on the declining cost of renewables…Biomass power generation has become competitive wherever low-cost agricultural or forestry waste is available, with the most competitive projects producing electricity for as little as USD 0.06/kWh…Concentrating solar power, in which mirrors focus light over a large area into a central generator, has seen costs drop to as little as USD 0.14/kWh.”

    “Hydropower, currently the world’s largest source of renewable energy, today often provides the lowest cost electricity of any generation source…Solar photovoltaics (PV), which has seen rapid development over the past two years, is set to achieve grid parity with residential electricity tariffs in many locations around the world. PV costs typically range from USD 0.16 to 0.36/kWh.

    “The most competitive onshore wind power sites can deliver electricity costs at as little as USD 0.04/kWh…By way of comparison, electricity generated from fossil fuel typically costs between USD 0.06 and 0.12/kWh in OECD countries – excluding the cost of transmission and distribution…”

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