Clean Energy Generation Cost Declines

In mid-November, the consulting firm Lazard released its Levelized Cost of Energy Analysis that finds certain alternative energy generation technologies are cost-competitive with conventional generation technologies under certain circumstances without subsidies.

The firm concludes: “We find that Alternative Energy technologies are complementary to conventional generation technologies, and believe that their use will be increasingly prevalent for a variety of reasons, including environmental and social consequences of various conventional generation technologies, RPS requirements, carbon regulations, continually improving economics as underlying technologies improve and production volumes increase and government subsidies in certain regions.” 12/6/2018