NewEnergyNews More: The New Energy Gets More Amazing

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  • Monday, November 6, 2017

    The New Energy Gets More Amazing

    Levelized Cost of Energy 2017

    November 2, 2017 (Lazard)

    “…As LCOE values for alternative energy technologies continue to decline, in some scenarios 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… [According to Lazard’s latest annual Levelized Cost of Energy Analysis (LCOE 11.0), this] is expected to lead to ongoing and significant deployment of alternative energy capacity…[T]he levelized cost of energy for both utility-scale solar photovoltaic (PV) and onshore wind technologies are down approximately 6% from last year…[T]he gap between the costs of certain alternative energy technologies (e.g., utility-scale solar and onshore wind) and conventional generation technologies continues to widen as the cost profiles of such conventional generation remain flat (e.g., coal) and, in certain instances, increase…[T]he estimated levelized cost of energy for nuclear generation increased ~35% versus prior estimates, reflecting increased capital costs at various nuclear facilities currently in development…” click here for more

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