NewEnergyNews: The New Energy Deal Get Even Better

NewEnergyNews

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

The challenge now: To make every day Earth Day.

YESTERDAY

  • Weekend Video: New Energy Means New Jobs
  • Weekend Video: Better Communication About The Climate Crisis
  • Weekend Video: VW Affirms Driving Is Ready To Go Electric
  • THE DAY BEFORE

  • FRIDAY WORLD HEADLINE-The Climate Crisis Is The World’s Biggest Worry – Survey
  • FRIDAY WORLD HEADLINE-Record New Energy Global Growth In 2020
  • THE DAY BEFORE THE DAY BEFORE

    THINGS-TO-THINK-ABOUT WEDNESDAY, April 7:

  • TTTA Wednesday-ORIGINAL REPORTING: The Search For A Successor Solar Policy
  • TTTA Wednesday-Local Governments Still Driving New Energy
  • THE DAY BEFORE THAT

  • Monday Study: PG&E’s Plans To Mitigate Wildfires
  • THE LAST DAY UP HERE

  • Weekend Video: Denial Goes Oh So Wrong
  • Weekend Video: Solar On Schools Can Pay For Teachers
  • Weekend Video: DOE Secretary of the Solutions Department Jennifer Granholm
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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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      A tip of the NewEnergyNews cap to Phillip Garcia for crucial assistance in the design implementation of this site. Thanks, Phillip.

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    Pay a visit to the HARRY BOYKOFF page at Basketball Reference, sponsored by NewEnergyNews and Oil In Their Blood.

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  • MONDAY’S STUDY AT NewEnergyNews, April 12:
  • SoCalEdison’s Newest Plan To Mitigate Wildfires

    Friday, May 31, 2019

    The New Energy Deal Get Even Better

    Renewable Energy Costs Take Another Tumble, Making Fossil Fuels Look More Expensive Than Ever

    Dominic Dudley, May 29, 2019 (Forbes)

    “The cost of renewable energy has tumbled even further over the past year, to the point where almost every source of green energy can now compete on cost with oil, coal and gas-fired power plants…Hydroelectric power is the cheapest source of renewable energy, at an average of $0.05 per kilowatt hour (kWh), but the average cost of developing new power plants based on onshore wind, solar photovoltaic (PV), biomass or geothermal energy is now usually below $0.10/kWh. Not far behind that is offshore wind, which costs close to $0.12/kWh…[These global averages] can vary hugely…However, all these fuel types are now able to compete with the cost of developing new power plants based on fossil fuels such as oil and gas, which typically range from $0.05/kWh to over $0.15/kWh [according to a new International Renewable Energy Agency (IRENA) report]…

    …The most attractive renewable energy sources, from a cost perspective, are onshore wind [at $0.03-0.04/kWh] and solar PV [at $0.03/kWh] in places with good natural resources and the right regulatory and institutional frameworks…Even the most expensive renewable energy technology, concentrated solar power (CSP) [$0.10/kWh to $0.27/kWh, with an average price of around $0.18/kWh], is competitive against fossil fuels in some circumstances…The ability of renewable energy to compete effectively against the older fossil fuel technologies is coming as a result of consistent falls in the cost of new plants. Last year alone, the global weighted-average cost of electricity from bioenergy fell by 14%, while solar PV and onshore wind costs dropped by 13% and hydropower fell by 11%. The sharpest fall came in the cost of CSP plants, which dropped by 26%. The cost of geothermal and offshore wind appeared to plateau though, with costs edging down by just 1%...” click here for more

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