NewEnergyNews: The Global New Energy Deal Keeps Getting Better

NewEnergyNews

Gleanings from the web and the world, condensed for convenience, illustrated for enlightenment, arranged for impact...

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YESTERDAY

  • MONDAY STUDY: How Electric Cooperatives Can Move To New Energy
  • THE DAY BEFORE

  • Weekend Video: More On How Michael Moore Got New Energy All Wrong
  • Weekend Video: New Energy Is Good For What Ails The World
  • Weekend Video: Will The Florida Keys Sink?
  • THE DAY BEFORE THE DAY BEFORE

  • FRIDAY WORLD HEADLINE-A Global Recovery Script, Starring New Energy
  • FRIDAY WORLD HEADLINE-Global New Energy To Hesitate, Then Bounce Back
  • THE DAY BEFORE THAT

    THINGS-TO-THINK-ABOUT WEDNESDAY,:

  • TTTA Wednesday-ORIGINAL REPORTING: Solar’s Changing Market And Policy Landscape
  • TTTA Wednesday-The Green Hydrogen Solution
  • THE LAST DAY UP HERE

    MONDAY’S STUDY AT NewEnergyNews, May 25:

  • Bringing New Energy To Heating; A Case Study
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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

    email: herman@NewEnergyNews.net

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  • THINGS-TO-THINK-ABOUT WEDNESDAY, June 3:
  • ORIGINAL REPORTING: How To Get The Investments Needed For A New Grid
  • New Energy Beating Coal, Nuclear In 2020

    Friday, May 10, 2019

    The Global New Energy Deal Keeps Getting Better

    The cost of generating renewable energy has fallen - a lot

    Douglas Broom, 7 May 2019 (World Economic Forum)

    “It’s the moment the global sustainable energy market has been waiting for…[Lithium-ion battery] technology, the essential element in ensuring continuity of supply from weather-dependent sources such as wind and solar, has suddenly become cost competitive…[T]he 'levelized cost of electricity' (LCOE) - the total cost of building and operating an electricity-generating plant - has fallen by 35% since the first half of 2018

    …At the same time, the LCOE for offshore wind has dropped by 24%. Onshore wind and solar's benchmark costs fell 10% and 18%...Since 2010, the benchmark price for solar has dropped 84%, offshore wind by more than half and onshore wind by 49%. The price of lithium-ion battery storage has dropped by more than three quarters since 2012…Batteries provide the opportunity to cover peaks in demand and to bridge periods when the wind is calm and the sun does not shine. Until now, gas and coal-fired power stations have filled the gaps…” click here for more

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