Over 90% of global renewable power projects are now cheaper than fossil fuels

https://www.zmescience.com/ecology/renewable-energy-ecology/over-90-of-global-renewable-power-projects-are-now-cheaper-than-fossil-fuels/

by RefugeDepot

2 comments
  1. Have to stamp that out quick. Before oil company profits take a hit.

  2. I liked the articles cost breakdown: ‘According to IRENA’s analysis, the global average LCOE for onshore wind was $0.034/kWh, making it the most affordable source of new electricity worldwide. Utility-scale solar photovoltaics (PV) followed closely behind at $0.043/kWh ($43/MWh), with new hydropower at $0.057/kWh. These figures represent a dramatic decline over the past decade. For comparison, A new gas combined cycle plant, often considered the cheapest fossil fuel option, has an unsubsidized LCOE range of $0.045 to $0.115/kWh.’

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