NewEnergyNews: New Energy Hitting “Spectacular” Low Costs

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The challenge now: To make every day Earth Day.

YESTERDAY

  • FRIDAY WORLD HEADLINE-New Energy Is A Matter Of Life And Death
  • FRIDAY WORLD HEADLINE-Russia Crawls Ahead On New Energy
  • FRIDAY WORLD HEADLINE-China Gets Huge Jobs Boost From New Energy
  • THE DAY BEFORE

    THINGS-TO-THINK-ABOUT THURSDAY, December 6:

  • TTTA Thursday-More People Begin To Believe What They Are Seeing
  • TTTA Thursday-The First Big Utility Commits To Zero Emissons
  • TTTA Thursday-New Energy Beating Old Energy In The Market, Part 3
  • THE DAY BEFORE THE DAY BEFORE

  • ORIGINAL REPORTING: End of the 'gas rush?' Renewables, storage reaching cost parity, report finds
  • ORIGINAL REPORTING: Grid mod policy actions jump 75%, with storage playing a central role
  • THE DAY BEFORE THAT

  • TODAY’S STUDY: Builders And Buyers Of Zero Energy Homes
  • QUICK NEWS, December 4: New Energy Beating Old Energy In The Market, Part 1; New Energy Beating Old Energy In The Market, Part 2
  • THE LAST DAY UP HERE

  • TODAY’S STUDY: From Coal To New Energy Without A NatGas Bridge
  • QUICK NEWS, December 3: Watch U.S. Cities Heat Up; Astonishing Things About New Energy, Part 5 – Geothermal
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    Founding Editor Herman K. Trabish

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    Some details about NewEnergyNews and the man behind the curtain: Herman K. Trabish, Agua Dulce, CA., Doctor with my hands, Writer with my head, Student of New Energy and Human Experience with my heart

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  • WEEKEND VIDEOS, December 8-9:

  • Colbert On The President’s Climate Policy
  • Breaking Down The Climate Change Report
  • The Battery Factory That Could Save The World

    Thursday, March 29, 2018

    New Energy Hitting “Spectacular” Low Costs

    Tumbling Costs for Wind, Solar, Batteries Are Squeezing Fossil Fuels; Latest BNEF study of comparative costs worldwide shows an 18% improvement in the competitiveness of onshore wind and solar in the last year, and new and rapidly developing roles for batteries.

    March 28, 2018 (Bloomberg New Energy Finance)

    “Coal and gas are facing a mounting threat to their position in the world’s electricity generation mix, as a result of the spectacular reductions in cost…[The latest report from Bloomberg New Energy Finance (BNEF) on the levelized costs of electricity (LCOE)] for all the leading technologies finds that fossil fuel power is facing an unprecedented challenge in all three roles it performs in the energy mix…In bulk generation, the threat comes from wind and solar photovoltaics, both of which have reduced their LCOEs further in the last year, thanks to falling capital costs, improving efficiency and the spread of competitive auctions around the world…In dispatchable power – the ability to respond to grid requests to ramp electricity generation up or down at any time of day – the challenge to new coal and gas is coming from the pairing of battery storage with wind and solar, enabling the latter two ‘variable’ sources to smooth output, and if necessary, shift the timing of supply…In flexibility – the ability to switch on and off in response to grid electricity shortfalls and surpluses over periods of hours – stand-alone batteries are increasingly cost-effective and are starting to compete on price with open-cycle gas plants, and with other options such as pumped hydro…” click here for more

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