Average US Construction Costs Drop for Solar, Rise for Wind & Natural Gas Generators

Credit to Author: U.S. Energy Information Administration| Date: Tue, 08 Nov 2022 16:30:22 +0000

Construction costs for solar photovoltaic systems continued to decrease in the United States in 2020; the capacity-weighted average fell 8% compared with 2019, according to the latest data in our Annual Electric Generator Report on newly constructed utility-scale electric generators. By contrast, average construction costs for both wind turbines and natural gas-fired generators increased compared with 2019, […]

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Solar Costs & Wind Costs So Low They’re Cheaper Than *Existing* Coal & Nuclear — Lazard LCOE Report

Credit to Author: Cynthia Shahan| Date: Sat, 23 Nov 2019 03:00:32 +0000

A brief decade held considerable cost-efficiency gains in wind and solar. These sustainable technologies are now more cost-effective than any other power generation technologies in general, according to Lazard. Solar and wind technologies simply make more sense

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