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The most significant report for the future of power generation (and climate mitigation). By viewing historical Lazard LCOE reports, you can see the dramatic pri
by AtlasBarfed 2y ago
The most significant report for the future of power generation (and climate mitigation). By viewing historical Lazard LCOE reports, you can see the dramatic price drop of solar/wind over the last 10-15 years.
Recently Lazard has started to list out the combined storage + wind/solar, which for onshore wind is now at parity with combined gas cycle, and solar+storage is catching up.
Solar/Wind has actually increased slightly in cost this year, which may be due to tariffs or simply extremely high demand. IMO this is a temporary blip long-term, especially since sodium ion batteries for storage are building into mass production, and at some point perovskites will revolutionize solar panel prices as well.