Latest BNEF study of comparative costs worldwide shows an 18% improvement in the competitiveness of onshore wind and solar in the last year, and new and rapidly developing roles for batteries.

Coal and gas are facing a mounting threat to their position in the world’s electricity generation mix, as a result of the spectacular reductions in cost not just for wind and solar technologies, but also for batteries – according to research from Bloomberg New Energy Finance (BNEF).

BNEF’s latest report on the levelized costs of electricity, or LCOE, for all the leading technologies finds that fossil fuel power is facing an unprecedented challenge in all three roles it performs in the energy mix – the supply of ‘bulk generation,’ the supply of ‘dispatchable generation,’ and the provision of ‘flexibility.’

Read more here.


Related Companies

More Companies

A.B. Vindkraft

A.B Vindkraft is an all in one contractor in wind power plant construction.

Absolicon Solar Collector AB

Absolicon Solar Collector AB is listed Swedish technology company, specialized in concentrated solar thermal heat.

Againity AB

Againity converts waste into electricity with in-house developed ORC system.

Alent Dynamic AB

Alent Dynamic delivers solutions for increasing energy efficiency for wood drying processes.

Swedish Cleantech News

More articles