EER east energy resources limited

It's already cost effective but people don't want to believe it....

  1. 11,152 Posts.
    It's already cost effective but people don't want to believe it.

    "The data show that utility-scale solar and wind installations are now competitive with conventional coal- and gas-fired power plants. Moreover, wind and solar costs are projected to steeply decline in the years ahead."

    "Onshore wind has the lowest average levelized cost in this analysis at $59 per megawatt-hour, and utility-scale photovoltaic plants weren’t far behind at $79. By comparison, the lowest cost conventional technologies were gas combined cycle technologies, averaging $74 per megawatt-hour, and coal plants, averaging $109. These numbers are the average of Lazard’s low- and high-end estimates (see their study for more about their cost calculations)."

    http://energyinnovation.org/2015/02/07/levelized-cost-of-energy/
 
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