The only people who continue to promote wind/solar are those who are ignorant of basic physics. Only nuclear can produce the levels of energy we need

[abu afak]

Cheapest source of Fossil Fuel Generation is Double the Cost of Utility-scale Solar​

Solar levelized cost of electricity (LCOE) has fallen to $29 to $92 per MWh, said a report from Lazard.
June 11, 2024

Lazard released its annual report analyzing levelized cost of electricity (LCOE),a critical measure of cost-efficiency of generation sources across technology types. The report found that onshore wind and utility-scale solar have the lowest LCOE by a large margin.

LCOE measures lifetime costs divided by energy production and calculates the present value of the total cost of building and operating a power plant over an assumed lifetime.

“Despite high end LCOE declines for selected renewable energy technologies, the low ends of our LCOE have increased for the first time ever, driven by the persistence of certain cost pressures (e.g., high interest rates, etc.),” said Lazard. “These two phenomena result in tighter LCOE ranges (offsetting the significant range expansion observed last year) and relatively stable LCOE averages year-over-year.”

Onshore wind ranked as the lowest source of new-build electricity generation, ranging from $27 to $73 per MWh. Utility-scale solar was a close second, ranging $29 to $92 per MWh.

Utility-scale solar has had the most aggressive cost reduction curve of all technologies, falling about 83% since 2009, when new build solar generation had an LCOE of over $350 per MWh.
[.......]

Cheapest source of fossil fuel generation is double the cost of utility-scale solar​

Solar levelized cost of electricity (LCOE) has fallen to $29 to $92 per MWh, said a report from Lazard.
magazine-usa.com
`

 

[ding]

Cheapest source of Fossil Fuel Generation is Double the Cost of Utility-scale Solar​

Solar levelized cost of electricity (LCOE) has fallen to $29 to $92 per MWh, said a report from Lazard.
June 11, 2024

Lazard released its annual report analyzing levelized cost of electricity (LCOE), a critical measure of cost-efficiency of generation sources across technology types. The report found that onshore wind and utility-scale solar have the lowest LCOE by a large margin.

LCOE measures lifetime costs divided by energy production and calculates the present value of the total cost of building and operating a power plant over an assumed lifetime.

“Despite high end LCOE declines for selected renewable energy technologies, the low ends of our LCOE have increased for the first time ever, driven by the persistence of certain cost pressures (e.g., high interest rates, etc.),” said Lazard. “These two phenomena result in tighter LCOE ranges (offsetting the significant range expansion observed last year) and relatively stable LCOE averages year-over-year.”

Onshore wind ranked as the lowest source of new-build electricity generation, ranging from $27 to $73 per MWh. Utility-scale solar was a close second, ranging $29 to $92 per MWh.

Utility-scale solar has had the most aggressive cost reduction curve of all technologies, falling about 83% since 2009, when new build solar generation had an LCOE of over $350 per MWh.
[.......]

Cheapest source of fossil fuel generation is double the cost of utility-scale solar​

Solar levelized cost of electricity (LCOE) has fallen to $29 to $92 per MWh, said a report from Lazard.
magazine-usa.com
`

What's the cost if you include battery storage and increased capacity for battery storage? $500 per MWh?

Because until you add the costs for 24 hour base loading it's an apples to oranges comparison.

Spoiler: This is what winning looks like

 

[Toddsterpatriot]

Cheapest source of Fossil Fuel Generation is Double the Cost of Utility-scale Solar​

Solar levelized cost of electricity (LCOE) has fallen to $29 to $92 per MWh, said a report from Lazard.
June 11, 2024

Lazard released its annual report analyzing levelized cost of electricity (LCOE),a critical measure of cost-efficiency of generation sources across technology types. The report found that onshore wind and utility-scale solar have the lowest LCOE by a large margin.

LCOE measures lifetime costs divided by energy production and calculates the present value of the total cost of building and operating a power plant over an assumed lifetime.

“Despite high end LCOE declines for selected renewable energy technologies, the low ends of our LCOE have increased for the first time ever, driven by the persistence of certain cost pressures (e.g., high interest rates, etc.),” said Lazard. “These two phenomena result in tighter LCOE ranges (offsetting the significant range expansion observed last year) and relatively stable LCOE averages year-over-year.”

Onshore wind ranked as the lowest source of new-build electricity generation, ranging from $27 to $73 per MWh. Utility-scale solar was a close second, ranging $29 to $92 per MWh.

Utility-scale solar has had the most aggressive cost reduction curve of all technologies, falling about 83% since 2009, when new build solar generation had an LCOE of over $350 per MWh.
[.......]

Cheapest source of fossil fuel generation is double the cost of utility-scale solar​

Solar levelized cost of electricity (LCOE) has fallen to $29 to $92 per MWh, said a report from Lazard.
magazine-usa.com
`

LCOE measures lifetime costs divided by energy production and calculates the present value of the total cost of building and operating a power plant over an assumed lifetime.

That's a useless measurement.

Unless the energy production is available when we need it, it doesn't matter how cheap it is.

Adding more and more energy at 4 pm. doesn't help us meet our needs at 10 pm.

 

[Crick]

LCOE measures lifetime costs divided by energy production and calculates the present value of the total cost of building and operating a power plant over an assumed lifetime.

That's a useless measurement.

Unless the energy production is available when we need it, it doesn't matter how cheap it is.

Adding more and more energy at 4 pm. doesn't help us meet our needs at 10 pm.

I hope the IEA is listening to you. Because they seem to think otherwise.

 

[elektra]

LCOE measures lifetime costs divided by energy production and calculates the present value of the total cost of building and operating a power plant over an assumed lifetime.

That's a useless measurement.

Unless the energy production is available when we need it, it doesn't matter how cheap it is.

Adding more and more energy at 4 pm. doesn't help us meet our needs at 10 pm.

Did you know they use 30 years as lifetime, even for nuclear plants that have operated 50 years and solar panels that lasted 10 years.

 

[abu afak]

Cheapest source of Fossil Fuel Generation is Double the Cost of Utility-scale Solar​

Solar levelized cost of electricity (LCOE) has fallen to $29 to $92 per MWh, said a report from Lazard.
June 11, 2024

Lazard released its annual report analyzing levelized cost of electricity (LCOE),a critical measure of cost-efficiency of generation sources across technology types. The report found that onshore wind and utility-scale solar have the lowest LCOE by a large margin.

LCOE measures lifetime costs divided by energy production and calculates the present value of the total cost of building and operating a power plant over an assumed lifetime.

“Despite high end LCOE declines for selected renewable energy technologies, the low ends of our LCOE have increased for the first time ever, driven by the persistence of certain cost pressures (e.g., high interest rates, etc.),” said Lazard. “These two phenomena result in tighter LCOE ranges (offsetting the significant range expansion observed last year) and relatively stable LCOE averages year-over-year.”

Onshore wind ranked as the lowest source of new-build electricity generation, ranging from $27 to $73 per MWh. Utility-scale solar was a close second, ranging $29 to $92 per MWh.

Utility-scale solar has had the most aggressive cost reduction curve of all technologies, falling about 83% since 2009, when new build solar generation had an LCOE of over $350 per MWh.
[.......]

Cheapest source of fossil fuel generation is double the cost of utility-scale solar​

Solar levelized cost of electricity (LCOE) has fallen to $29 to $92 per MWh, said a report from Lazard.
magazine-usa.com
`

Whatever happened to the clown OP?
He was on the board and posting and looked at this thread.
No answer.

`