Lazards, Lazards, LCOE – what’s the cheapest energy?

By John Weaver, PV Magazine USA

Yesterday, Lazards released its Levelized Cost of Energy (LCOE) analysis version 12.0 for Energy (pdf), and Version 4.0 for Energy Storage (pdf). The document shows that utility scale wind, solar offer the cheapest absolute electricity pricing – without subsidies. When federal tax subsidies are applied, essentially politically palatable forms of a carbon tax, we see all thin film solar cheaper than all gas, and the majority of crystalline silicon solar cheaper than gas. Rooftop solar for residential and commercial, with its broad price ranges representing the broad classes of projects they cover, shows higher pricing. However, this analysis doesn’t consider the additional benefits including avoided costs achieved with behind-the-meter installations, and as such it isn’t a pure apples-to-apples comparison. Read more here.

MORE NATIONAL NEWS


ENERGY STORAGE 

NATIONAL SOLAR EXAMPLES

 

Friends of Venice Library to kick off solar power fundraiser with panel discussion, Herald-Tribune. Iconic nature photographer and environmentalist Clyde Butcher to serve as spokesman.

 

  • Wisconsin importer and distributor invests in solar energy, Fresh Plaza
    Maglio Companies, an importer and distributor of fresh produce, has installed over 1,100 solar panels on the roof of its Glendale, Wisconsin facility. This array is expected to produce an estimated 477,000 kilowatt hours of sustainable electricity each year. This is equivalent to the annual energy usage of 58 average Wisconsin homes.
  • Minnesota company turns abandoned sand pit into a solar garden, Red Wing Republican Eagle
  • State’s largest solar farm nearing production, The Spokesman-Review. Washington’s largest solar farm will begin commercial production next month in this Columbia Basin town better known for its annual Combine Demolition Derby. Nearly 82,000 solar panels have been installed near Lind’s pioneer-era cemetery, resembling a mirage on the dusty landscape. Sensors adjust the angle of the flat, blue panels throughout the day, allowing them to maximize the capture of solar rays.

GREEN CAMPUSES

Carport Solar Array Receives 2018 Innovative Project Award, MSU Today
Michigan State University’s solar carport project received the 2018 Innovative Project Award from the U.S. Green Building Council of West Michigan. The award recognizes exemplary projects in the region exhibiting features above and beyond the status quo. MSU’s solar carport array is constructed on five of the university’s largest commuter parking lots and covers 5,000 parking spaces.


Learn about more initiatives here: The Princeton Review Guide to 399 Green Colleges, 2018 Edition

 

INNOVATIVE TRANSIT APP

Transit app raises $17.5M with the help of unlikely investors: automakers, Smart Cities Dive