The Cost Of The New Energies

Levelized Cost of Energy Analysis 10.0

December 15, 2016 (Lazard)

“…The median levelized cost of energy from utility-scale PV technologies is down approximately 11% from last year, and rooftop residential PV technology is down about 26%, although the latter is still not cost competitive without significant subsidies and other policy support…The cost of generating energy from renewable sources other than solar, such as onshore wind, geothermal, and biomass, declined only at the margins from last year, reflecting both the maturing of technology in those areas and a relatively low level of investment…The median cost of generating energy from offshore wind generation declined approximately 22%...[With] alternative energy increasingly cost-competitive and storage technology holding great promise, the optimal resource mix for many regions of the world is] complementary traditional and alternative energy resources in a diversified generation fleet…” click here for more

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