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While investments in renewable energy slumped last year, a big drop in unsubsidized costs for new wind and solar power installations indicated that they remain popular energy alternatives.
Last year, the average "levelized cost" or total cost of generating power from solar worldwide dropped 17% percent, onshore wind costs dropped 18% and offshore wind turbine power costs fell 28%, according to a new report from the United Nations and Bloomberg New Energy Finance (BNEF).
"Well, after the dramatic cost reductions of the past few years, unsubsidized wind and solar can provide the lowest cost new electrical power in an increasing number of countries, even in the developing world -- sometimes by a factor of two," Michael Liebreich, chairman of the Advisory Board at BNEF, said in the report.
tell me is that price based on "installed capacity" or actual electricity producedUnsubsidized wind and solar now the cheapest source for new electric power
While investments in renewable energy slumped last year, a big drop in unsubsidized costs for new wind and solar power installations indicated that they remain popular energy alternatives.
Last year, the average "levelized cost" or total cost of generating power from solar worldwide dropped 17% percent, onshore wind costs dropped 18% and offshore wind turbine power costs fell 28%, according to a new report from the United Nations and Bloomberg New Energy Finance (BNEF).
"Well, after the dramatic cost reductions of the past few years, unsubsidized wind and solar can provide the lowest cost new electrical power in an increasing number of countries, even in the developing world -- sometimes by a factor of two," Michael Liebreich, chairman of the Advisory Board at BNEF, said in the report.
Well, there's now no hands off capitalist free market way to stop solar and wind!
Unsubsidized wind and solar now the cheapest source for new electric power
While investments in renewable energy slumped last year, a big drop in unsubsidized costs for new wind and solar power installations indicated that they remain popular energy alternatives.
Last year, the average "levelized cost" or total cost of generating power from solar worldwide dropped 17% percent, onshore wind costs dropped 18% and offshore wind turbine power costs fell 28%, according to a new report from the United Nations and Bloomberg New Energy Finance (BNEF).
"Well, after the dramatic cost reductions of the past few years, unsubsidized wind and solar can provide the lowest cost new electrical power in an increasing number of countries, even in the developing world -- sometimes by a factor of two," Michael Liebreich, chairman of the Advisory Board at BNEF, said in the report.
Well, there's now no hands off capitalist free market way to stop solar and wind!
Yeah, make sure that your vehicle is using that cheap energy and see how far you get. And how often you can recharge also. See if that will get your flight off the ground. Such stupid people who are liberals.You just watch em swing into 'hands-ON' mode, when it starts to eat into the fossil-fuel dinosaurs....
Unsubsidized wind and solar now the cheapest source for new electric power
While investments in renewable energy slumped last year, a big drop in unsubsidized costs for new wind and solar power installations indicated that they remain popular energy alternatives.
Last year, the average "levelized cost" or total cost of generating power from solar worldwide dropped 17% percent, onshore wind costs dropped 18% and offshore wind turbine power costs fell 28%, according to a new report from the United Nations and Bloomberg New Energy Finance (BNEF).
"Well, after the dramatic cost reductions of the past few years, unsubsidized wind and solar can provide the lowest cost new electrical power in an increasing number of countries, even in the developing world -- sometimes by a factor of two," Michael Liebreich, chairman of the Advisory Board at BNEF, said in the report.
Well, there's now no hands off capitalist free market way to stop solar and wind!
Grid-Scale Battery Storage Technologies Market Report 2016-2026Unsubsidized wind and solar now the cheapest source for new electric power
While investments in renewable energy slumped last year, a big drop in unsubsidized costs for new wind and solar power installations indicated that they remain popular energy alternatives.
Last year, the average "levelized cost" or total cost of generating power from solar worldwide dropped 17% percent, onshore wind costs dropped 18% and offshore wind turbine power costs fell 28%, according to a new report from the United Nations and Bloomberg New Energy Finance (BNEF).
"Well, after the dramatic cost reductions of the past few years, unsubsidized wind and solar can provide the lowest cost new electrical power in an increasing number of countries, even in the developing world -- sometimes by a factor of two," Michael Liebreich, chairman of the Advisory Board at BNEF, said in the report.
Well, there's now no hands off capitalist free market way to stop solar and wind!
Matty what about when it is dark or the wind is not blowing? Does baseload or peaking mean anything to you?
Do you have a college degree?
Grid-Scale Battery Storage Technologies Market Report 2016-2026Unsubsidized wind and solar now the cheapest source for new electric power
While investments in renewable energy slumped last year, a big drop in unsubsidized costs for new wind and solar power installations indicated that they remain popular energy alternatives.
Last year, the average "levelized cost" or total cost of generating power from solar worldwide dropped 17% percent, onshore wind costs dropped 18% and offshore wind turbine power costs fell 28%, according to a new report from the United Nations and Bloomberg New Energy Finance (BNEF).
"Well, after the dramatic cost reductions of the past few years, unsubsidized wind and solar can provide the lowest cost new electrical power in an increasing number of countries, even in the developing world -- sometimes by a factor of two," Michael Liebreich, chairman of the Advisory Board at BNEF, said in the report.
Well, there's now no hands off capitalist free market way to stop solar and wind!
Matty what about when it is dark or the wind is not blowing? Does baseload or peaking mean anything to you?
Do you have a college degree?
NEW YORK, Jan. 11, 2017 /PRNewswire/ -- Report Details
Visiongain's comprehensive new 234 page report reveals that CAPEX invested in grid-scale battery storage technologies will reach $1,107m in 2016, with rapid growth anticipated over the next ten years.
The grid-scale battery storage market is largely an emerging one, especially when compared with other energy storage systems such as the well-established pumped hydro storage (PHS). Grid-scale batteries are arriving at commercial viability, having been the subject of numerous demonstration projects. They posses numerous advantages over competing technologies, such as the precision and quality of the service they can provide to grid operators and the lack of geographical constraints experienced by technologies such as compressed air energy storage (CAES) and PHS.
The regulatory frameworks and market environments around the world are moving towards the direction of more grid-scale battery storage being deployed on the grid to perform ancillary services. Pressed by high and rising amounts of renewable energy capacity brought online each year, an increasing number of governments around the world are considering adopting new regulatory requirements favouring the commissioning of grid-scale storage systems, such as capacity payment mechanisms rewarding the best-performing back-up technologies for frequency regulation, or mandatory targets for the installation of new storage capacity. In addition to this, production costs are consistently declining due to technological improvements, gained experience and mass production.
As batteries get both cheaper and high in energy density, we will have solar and wind that are 24/7.
Grid-Scale Battery Storage Technologies Market Report 2016-2026Unsubsidized wind and solar now the cheapest source for new electric power
While investments in renewable energy slumped last year, a big drop in unsubsidized costs for new wind and solar power installations indicated that they remain popular energy alternatives.
Last year, the average "levelized cost" or total cost of generating power from solar worldwide dropped 17% percent, onshore wind costs dropped 18% and offshore wind turbine power costs fell 28%, according to a new report from the United Nations and Bloomberg New Energy Finance (BNEF).
"Well, after the dramatic cost reductions of the past few years, unsubsidized wind and solar can provide the lowest cost new electrical power in an increasing number of countries, even in the developing world -- sometimes by a factor of two," Michael Liebreich, chairman of the Advisory Board at BNEF, said in the report.
Well, there's now no hands off capitalist free market way to stop solar and wind!
Matty what about when it is dark or the wind is not blowing? Does baseload or peaking mean anything to you?
Do you have a college degree?
NEW YORK, Jan. 11, 2017 /PRNewswire/ -- Report Details
Visiongain's comprehensive new 234 page report reveals that CAPEX invested in grid-scale battery storage technologies will reach $1,107m in 2016, with rapid growth anticipated over the next ten years.
The grid-scale battery storage market is largely an emerging one, especially when compared with other energy storage systems such as the well-established pumped hydro storage (PHS). Grid-scale batteries are arriving at commercial viability, having been the subject of numerous demonstration projects. They posses numerous advantages over competing technologies, such as the precision and quality of the service they can provide to grid operators and the lack of geographical constraints experienced by technologies such as compressed air energy storage (CAES) and PHS.
The regulatory frameworks and market environments around the world are moving towards the direction of more grid-scale battery storage being deployed on the grid to perform ancillary services. Pressed by high and rising amounts of renewable energy capacity brought online each year, an increasing number of governments around the world are considering adopting new regulatory requirements favouring the commissioning of grid-scale storage systems, such as capacity payment mechanisms rewarding the best-performing back-up technologies for frequency regulation, or mandatory targets for the installation of new storage capacity. In addition to this, production costs are consistently declining due to technological improvements, gained experience and mass production.
As batteries get both cheaper and high in energy density, we will have solar and wind that are 24/7.
Energy storage is not production dumbass. What do you do when your solar panel doesn't produce energy for a week thanks to a storm? The same storm that causes your windmill to shutdown lest it get destroyed by over speeding. No olfraud, the real world doesn't pay attention to your propaganda.
Solar is great.
when the sun shines.
Wind is great
when the wind blows.
Both are cheap, too.
So, who pays for the nuclear or fossil fuel power plants that have to kept on standby for those dark, windless nights?
Hey, how about a "standby" tax!
Now there's something you liberals surely can get behind!
Well, there's now no hands off capitalist free market way to stop solar and wind!
Yeah, make sure that your vehicle is using that cheap energy and see how far you get.
andaronjim said:And how often you can recharge also.
andaronjim said:See if that will get your flight off the ground. Such stupid people who are liberals.
I have a trip planned for 7 people with luggage coming up, and it will be over 400 miles. I laugh at your Unclean Automobile who can barely put 2 people in it with a purse, and get 80 miles on a fillup.Yeah, make sure that your vehicle is using that cheap energy and see how far you get.
Sure. Except the energy the wife gets is free, which is even better than cheap! And we get about 20 miles at a pop...before and after her electricity fillups, so she can do 40 miles a work day without any trouble at all!
We're thinking about maybe even an EV only now, to take advantage of the free fuel provided by her work. Nice fringe benefits!
andaronjim said:And how often you can recharge also.
As often as she is at work. Plus she recharges at home, but it takes longer since we use just normal 110V, no special 220V chargers here. Plus when she charges in the garage, it cost $$!!
andaronjim said:See if that will get your flight off the ground. Such stupid people who are liberals.
I don't think the EV cares much about the political affiliation of its drivers.
The dilemma highlights the crucial importance of clean electricity in global goals to slash greenhouse-gas emissions, the focus of a December summit in Paris. Cutting transportation-
related emissions can help — but not if pollution is simply shifted from the tailpipes of cars to the smokestacks of coal-fired power plants, which generate 40 percent of the world’s electricity.
Only fossil fuels carry enough energy density.
anotherlife said:Also, all these alternative energy technologies still rely on fossil fuels to remain operational.
anotherlife said:There is a theory between petrochemical engineering students, that whilst oil is rare, natural gas should be mostly omnipotent in every country at various depths.
anotherlife said:This is because oil is just a short intermediary stage of natural gas formation. No university grant will ever be permitted to discover this.
I have a trip planned for 7 people with luggage coming up, and it will be over 400 miles. I laugh at your Unclean Automobile who can barely put 2 people in it with a purse, and get 80 miles on a fillup.
andaronjim said:
Germany has a lot of windmills it's true, but it's a pretty rainy place, not to say there are no solar panels or the sun never shines there.It's so cheap, Germany pays triple what we do per kWh.
Germany has a lot of windmills it's true, but it's a pretty rainy place, not to say there are no solar panels or the sun never shines there.It's so cheap, Germany pays triple what we do per kWh.
Also, most things are more expensive in Germany than in the U.S.
