Cost of Transitioning to 100-Percent Renewable Energy https://www.instituteforenergyresearch.org/renewable/cost-of-transitioning-to-100-percent-renewable-energy/ … via @IERenergy
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Windpower is already the cheapest form of energy generation, solar will soon catch up. In LCOE comparisons Oil & Gas should carry the cost of military presence in the Middle East.
#IRANpic.twitter.com/zBbCHiJDhK
Can't do LCOE without taking intermittency (unreliability) into account) International Energy Agency finds that with intermittency, new solar and wind more expensive everywhere than existing coal, and new coal for India still cheaper https://www.iea.org/weo2018/ pic.twitter.com/5D7uSYOzqy
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Graph shows solar @ 8c/kWh in 2020. Cost of solar in the US is already below 2c/kWh, and 1,3c/kWh for batteries. Already way below existing coal. Forbes: ”LA to approve a 25-year contract at 1.997¢/kwh for solar and 1.3¢ for power from batteries.” https://www.forbes.com/sites/jeffmcmahon/2019/07/01/new-solar--battery-price-crushes-fossil-fuels-buries-nuclear/ …
Kiitos. Käytämme tätä aikajanasi parantamiseen. KumoaKumoa
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Worth noting that IEA has significantly reduced its estimates of VALCOE in the WEO 2020. IEA is now reporting that solar and onshore wind are now the lowest cost new energy in China, India, EU and USA even taking account of intermittency.https://www.iea.org/reports/world-energy-model/techno-economic-inputs …
Kiitos. Käytämme tätä aikajanasi parantamiseen. KumoaKumoa
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