Originally posted by chuckChuck
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Cheap wind power ????
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Forgot a question mark.
But its obvious I was asking a question.
But maybe not obvious for the dimwits amongst us!
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You guys can's accept facts from Sask Power that blow apart your arguments?
So you make up all kinds of stupid responses?
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Electricity costs are rising with or without significant renewable generation. Because there are more than generation costs included in delivering electricity to consumers.
Sask Power has clearly said wind and solar are some of the lowest cost generation sources when you look at the levelized costs of electricity (LCOE) over their lifetime.
Lazard's LCOE also shows the low cost of new renewable generation.
[url]https://www.lazard.com/research-insights/levelized-cost-of-energyplus/[/url]
When you make your next farming decision, be sure to ignore credible scientific and cost of production evidence!
Let us know how that works out!
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Lazard's Levelized Cost of Energy+ (LCOE+) is a U.S.-focused annual publication that combines analyses across three distinct reports: Energy (LCOE, 17th edition), Storage, (LCOS, 9th edition) and Hydrogen (LCOH, 4th edition). Lazard first started publishing its comparative analysis of various generation technologies in 2007.
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From the International Energy Agency
[url]https://iea.blob.core.windows.net/assets/96d66a8b-d502-476b-ba94-54ffda84cf72/Renewables_2023.pdf[/url]
The global power mix will be transformed by 2028
The world is on course to add more renewable capacity in the next five years
than has been installed since the first commercial renewable energy power
plant was built more than 100 years ago. In the main case forecast in this report,
almost 3 700 GW of new renewable capacity comes online over the 2023-2028
period, driven by supportive policies in more than 130 countries. Solar PV and
wind will account for 95% of global renewable expansion, benefiting from lower
generation costs than both fossil and non-fossil fuel alternatives.
Over the coming five years, several renewable energy milestones are expected to
be achieved:
In 2024, wind and solar PV together generate more electricity than hydropower.
In 2025, renewables surpass coal to become the largest source of electricity
generation.
Wind and solar PV each surpass nuclear electricity generation in 2025 and 2026
respectively.
In 2028, renewable energy sources account for over 42% of global electricity
generation, with the share of wind and solar PV doubling to 25%.
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Originally posted by chuckChuck View Post. Lazard first started publishing its comparative analysis of various generation technologies in 2007.
Or that chuck could find some real world results which don't contradict the predicted outcomes?Last edited by AlbertaFarmer5; Sep 7, 2024, 09:02.
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