Renewables win

Hopefully, this is the tipping point in changing our ways for the better. This from a financial investment firm.

A widely-used yearly benchmarking study — the Levelized Cost of Energy Analysis (LCOE) from the financial firm Lazard Ltd. — reached this stunning conclusion: In many regions “the full-lifecycle costs of building and operating renewables-based projects have dropped below the operating costs alone of conventional generation technologies such as coal or nuclear.”

Building new renewables is now cheaper than just running old coal and nuclear plants

Even fracking now has limited time, only because we have still not developed enough storage capacity to smooth out renewable energy fluctuations. That will change rapidly.

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