Wind and solar lead accelerating LCOE drop for renewable energy: WoodMac. The levelized cost of electricity for renewable energy is dropping globally, led by wind and solar. LCOE for utility-scale solar is expected to decline 60% by 2060, wind by 42% and offshore wind by a significant 67%.
https://www.utilitydive.com/news/wind-solar-levelized-cost-electricity-drop/730533/
by mafco
1 comment
That seem to be rather pessimistic numbers. The LCOE of PV (and also batteries) dropped by nearly 25%.
This year *alone*.
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