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Increasingly competitive wind and solar power

2020-11-09T17:51:05.986Z


The costs of renewable energies are falling, they need less and less public subsidies.Solar, soon less expensive than coal in most countries. This is one of the lessons of the last report of the International Energy Agency, and the symbol of the fall, over the past ten years, in the production costs of renewable energies (ENR). They now represent a world market of 260 billion dollars and are carving out an increasingly important part of the energy mix. For years, they have been fed


Solar, soon less expensive than coal in most countries.

This is one of the lessons of the last report of the International Energy Agency, and the symbol of the fall, over the past ten years, in the production costs of renewable energies (ENR).

They now represent a world market of 260 billion dollars and are carving out an increasingly important part of the energy mix.

For years, they have been fed on public subsidies.

This is less and less the case.

The latest calls for tenders completed by the French government this fall illustrate that renewables are increasingly competitive compared to other energy sources.

Read also:

Wind power: A source of electricity that remains minor in France

They are launched to provide the country with wind and photovoltaic production capacities.

Companies with the lowest price for electricity win.

In October, the price for photovoltaics was down 24% over three years, to 57.40 euros per megawatt hour.

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Source: lefigaro

All business articles on 2020-11-09

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