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Author Topic: Fossil Fuel Profits Getting Eaten Alive by Renewable Energy!  (Read 5342 times)

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AGelbert

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Lazard: Wind & Solar Power Costs Continue To Fall, Putting Coal & Nuclear At A Disadvantage

November 7th, 2017 by Steve Hanley

SNIPPET:

Lazard is a global asset management company that tracks the cost of producing electricity, among other things. It uses a measure called the Levelized Cost of Energy (LCOE), which averages the estimated costs of construction, maintenance, and fuel for electricity generating assets over the number of megawatt-hours that each is expected to produce over its lifetime. In simple terms, it is one way of comparing different ways of making electricity to see which cost more and which cost less.

Wind & Solar Costs Declined By 6%
Excellent full article:   

https://cleantechnica.com/2017/11/07/lazard-wind-solar-power-costs-continue-fall-putting-coal-nuclear-disadvantage/
Wait on the Lord: be of good courage, and he shall strengthen thine heart:
wait, I say, on the Lord. -- Psalm 27:14

 

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