Category: Wind

Solar New study reaches a stunning conclusion about the cost of solar and wind energy

New study reaches a stunning conclusion about the cost of solar and wind energy

In one of the fastest and most astonishing turnarounds in the history of energy, building and running new renewable energy is now cheaper than just running existing coal and nuclear plants in many areas. A widely-used yearly benchmarking study — the Levelized Cost of Energy Analysis (LCOE) from the financial firm Lazard Ltd. — reached …

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Wind Offshore wind energy hits it big

Offshore wind energy hits it big

The cost of creating energy from offshore wind farms in the United Kingdom has tumbled below the price that nuclear reactors charge. Recognized data published on Monday said offshore wind projects that generate power in 2021-22 have been granted contracts at £74.75 per megawatt hour. While those in 2022-23 were awarded deals for a subsidy …

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