Joint IEA-NEA report details plunge in costs of producing electricity from renewables

Laboratorio Metrologico Ternano

Joint IEA-NEA report details plunge in costs of producing electricity from renewables

2 Settembre 2015 English Fossil Energy lcoe Renewables 0
The report details how utility-scale solar PV and especially onshore wind power are comparable and often lower in countries featuring plentiful resources and appropriate market and regulatory frameworks.

The cost of producing electricity from renewable sources like wind and solar has been falling for several years. Now, a new report provides in detail the contrasting costs for different power generation technologies around the world and shows that renewable sources can produce electricity at close to or even below the cost of new fossil fuel-based power stations.

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