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and to add more context, the bid in this article is $24/MWh, which would imply a $100/MWh Solar + Storage cost given the numbers above from Lazard. For compari
by SamPhillips 10y ago
and to add more context, the bid in this article is $24/MWh, which would imply a $100/MWh Solar + Storage cost given the numbers above from Lazard. For comparison, the new Hinkley nuclear plant in England has a PPA guarantee at ~$120/MWh.
Obviously there are geographic differences, but the trendline for solar is impressive.
[1] https://en.wikipedia.org/wiki/Hinkley_Point_C_nuclear_power_station#Economics https://en.wikipedia.org/wiki/Hinkley_Point_C_nuclear_power_...