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Wind and solar power half the cost of coal and gas, one-third the cost of nuclear, says Lazard

New data out of the US has confirmed that large-scale wind and solar are significantly cheaper sources of electricity generation than coal and gas – and even undercut fossil fuels on price with the addition of energy storage, in some cases.

In the 17th edition of its highly regarded Levelised Cost of Energy+ (LCOE+) Analysis, US investment bank Lazard compares the cost of generating electricity from renewable technologies to conventional technologies, across various scenarios and sensitivities.

Read more at reneweconomy.com.au External link.

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