Report: Wind and Solar Lowest-Cost Sources of Energy in the U.S.

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Wind and solar are clearly the low-cost power generation options available throughout the U.S., says a new report by Lazard.

Official Press Release AWEA Blog - Into the Wind:

New report: Wind and solar remain the country’s most affordable sources of new electricity

Wind Industry Profile of
New report: Wind and solar remain the country’s most affordable sources of new electricity

For energy wonks, Lazard’s Levelized Cost of Energy Analysis 14.0 is always one of the year’s most anticipated reports. It’s the gold-standard when comparing the cost of different power generation technologies on an objective, equitable basis. No surprise, Lazard finds that wind and solar continue to be the lowest-cost sources of new power generation across the country and are increasingly competitive with existing power plants.

Lazard’s approach is simple enough. The firm models a representative power plant for each technology and solves for the dollars per megawatt-hour (MWh) power generation required to cover all power costs and provide returns to investors. Said another... ... More: Official Press Release AWEA Blog - Into the Wind

AWEA, Blog, Into the Wind, Lazard, report, levelized cost of energy analysis, wind, solar, fossil fuels, technology, USA, costs, source, plant owner, onshore, offshore

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