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.

`

 

[ding]

Whatever happened to the clown...

You're still here.

 

[Toddsterpatriot]

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

I'm pretty sure the IEA knows that the cost of power over the lifetime of the power plant
doesn't magically make solar cheap or useful at midnight.

It's a bullshit number.

 

[Crick]

For Elektra

World's largest floating offshore wind turbine rolls off production line in China

The world's most powerful floating offshore wind turbine, with a generating capacity of 20 megawatts, has rolled off the production line in Yancheng City, east China's Jiangsu Province, according to the country's leading train maker CRRC Corporation Limited on Saturday.

news.cgtn.com

 

[jc456]

Every new technology looks like a "boondoggle" at first.

How do they make solar panels and wind turbines?

 

[jc456]

For Elektra

World's largest floating offshore wind turbine rolls off production line in China

The world's most powerful floating offshore wind turbine, with a generating capacity of 20 megawatts, has rolled off the production line in Yancheng City, east China's Jiangsu Province, according to the country's leading train maker CRRC Corporation Limited on Saturday.

news.cgtn.com

And what?

 

[Crepitus]

How do they make solar panels and wind turbines?

Solar panels are laminations of doped silicon, and wind turbines are just big generators on stilts.

None of this stuff is a secret.

 

[Crick]

And what?

And I wasn't talking to you, was I.

 

[jc456]

And I wasn't talking to you, was I.

Then don’t post in a message board

 

[elektra]

How do they make solar panels and wind turbines?

With oil tons of it

 

[Crick]

Another for poster elektra

China debuts a record-smashing 26 MW offshore wind turbine

China's Dongfang Electric Corporation has rolled out a 26-megawatt (MW) offshore wind turbine, the world’s largest in both capacity and size.

electrek.co

 

[ding]

I'm all for augmenting our electrical generation with solar and wind. But I call BS when comparisons are made to technologies that can base load the grid without including the extra costs for battery backup and spare capacity to charge battery back up.

 

[elektra]

I'm all for augmenting our electrical generation with solar and wind. But I call BS when comparisons are made to technologies that can base load the grid without including the extra costs for battery backup and spare capacity to charge battery back up.

How can you augment steady power with intermitten random varying power?

 

[ding]

How can you augment steady power with intermitten random varying power?

By installing twice the needed capacity to charge batteries so that when solar and wind aren't producing electricity for the grid the battery backup does.

For example, let's say you need 2 tW of loading. You'd have to install 4tW of capacity. 2 tW is feeding the grid. The other 2 tW is charging batteries. Make sense? Because they don't include those costs in their comparison to technologies that load the grid 24/7/365.

 

[elektra]

By installing twice the needed capacity to charge batteries so that when solar and wind aren't producing electricity for the grid the battery backup does.

For example, let's say you need 2 tW of loading. You'd have to install 4tW of capacity. 2 tW is feeding the grid. The other 2 tW is charging batteries. Make sense? Because they don't include those costs in their comparison to technologies that load the grid 24/7/365.

No, we can't produce a 100 square miles of batteries