Home » Posts tagged with » IER

Wind and Solar Electricity Cost Twice as Much as Conventional Power Plants

Wind and Solar Electricity Cost Twice as Much as Conventional Power Plants

    By Institute for Energy Research Summary of key points: “Intermittent” Wind and Solar resources increase the Levelized Cost of Electricity (LCOE) of “full-time power plants”  by reducing their utilization rates ……….without reducing their fixed costs, resulting in a levelized fixed cost increase. Our calculations estimate that the “imposed cost” of wind generation is […]