3 ms·
Even with that blip, they're still incredibly cheap: > Although their costs continue to exceed pre Covid-19 levels, solar PV and onshore wind remain the cheape
by ZeroGravitas 3y ago
Even with that blip, they're still incredibly cheap:
> Although their costs continue to exceed pre Covid-19 levels, solar PV and onshore wind remain the cheapest option for new electricity generation in most countries.
...
> power contracts for the end of 2023 and into 2024 in the European Union, the United States, Japan, Australia and India all indicate wholesale electricity prices two to three times above 2020 averages, increasing the economic attractiveness of wind and solar PV.
From another IEA report:
https://www.iea.org/reports/renewable-energy-market-update-june-2023/will-solar-pv-and-wind-costs-finally-begin-to-fall-again-in-2023-and-2024 https://www.iea.org/reports/renewable-energy-market-update-j...
- bergie 3y ago> Even with that blip, they're still incredibly cheap Indeed. In the last (boat) solar installations I’ve done, the panels generally have been the cheapest component. The brackets to hold them, and the charge controllers tend to be the more expensive part.