By Anton Lang ~
Virtually every commentator who even mentions renewable power generation these days will tell you that renewable power generation is cheaper than coal fired power, but is this really the case?
It has puzzled me for a long time now how they can get away with saying that, and not actually taking the time to check the real data to see if it’s true at all. They just repeat that same old thing, time after time, and as the old adage says, repeat something often enough and it then becomes the truth.
You’ll see all sorts of ways they can justify it, usually by quoting what is referred to by the acronym LCOE. (Levelised Cost Of Electricity) Over the years I have been doing this, now almost eleven years, I have seen so many different versions of these LCOE documents, and they have changed across the years…
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Dec 28, 2018 @ 15:17:14
In Australia old coal is 40 $ MW/hr.
solar is the same.
wind is 50 $ MW/hr
New coal is 80 $ MW/hr
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