renewables ar now cheaper than just running old coal and nuclear plan

[wvit1001]

In one of the fastest and most astonishing turnarounds in the history of energy, building and running new renewable energy is now cheaper than just running existing coal and nuclear plants in many areas.

A widely-used yearly benchmarking study — the Levelized Cost of Energy Analysis (LCOE) from the financial firm Lazard Ltd. — reached this stunning conclusion: In many regions “the full-lifecycle costs of building and operating renewables-based projects have dropped below the operating costs alone of conventional generation technologies such as coal or nuclear.”

Lazard focused on the cost of a power for a plant over its entire lifetime in North America, and how the “increasing economic advantage of renewables in the U.S.” will drive even deeper penetration of solar and wind here.

But Lazard also makes a key global point: It’s more expensive to operate conventional energy sources in the developing world than it is in the United States. So the advantage renewables have over conventional sources is even larger in the rapidly growing electricity markets like India and China.





https://www.lazard.com/perspective/levelized-cost-of-energy-2017/

[captain_kook]

Cheapest electricity on the planet is Mexican solar power at 1.77 ...

Electrek
-
Nov 16, 2017

The world has seen solar power fall from a record price of 8.3¢/kWh in 2013 in the USA, ...

[captain_kook]

.

solar roofs

will be competitive with standard roofs soon

[Jw2]

Yes, that's what we call progress.

Renewable Made-in-America Energy

The jobs potential is enormous.  No wonder right wing idiots listen to Fuhrer Trump.


 

[sine-qua-non]

The jobs potential is enormous. 


Unlike BJClinton who sent American jobs oversea and never met a payroll


No wonder right wing patriots listen to Patriot Trump.