Solar Energy emerging as cheapest power source in many parts of the world

Laboratorio Metrologico Ternano

Solar Energy emerging as cheapest power source in many parts of the world

25 Febbraio 2015 English Fraunhofer Institut grid parity lcoe PV pv cost PV LCOE Renewables 0
By 2025, solar power in sunny regions of the world will be cheaper than power from coal or gas, according to a new study by the Fraunhofer Institut. Success depends on stable regulatory conditions.

In a few years, solar energy plants will deliver the most inexpensive power available in many parts of the world. By 2025, the cost of producing power in central and southern Europe will have declined to between 4 and 6 cents per kilowatt hour, and by 2050 to as low as 2 to 4 cents, according to a study by the Fraunhofer Institute for Solar Energy Systems commissioned by Agora Energiewende.

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