DOE: Here’s where renewable costs are heading

DOE: Here’s where renewable costs are heading

06/14/2022

Recent challenges facing wind and solar likely won’t sink their longer-term progress in the United States, as industries figure out ways to keep the cost of renewable power on a downward slope, according to a new peer-reviewed analysis from Lawrence Berkeley National Laboratory.

Three Berkeley Lab researchers assessed how well the wind and solar industries have performed based on the historical prices of renewable electricity, and then used the findings to project how renewables’ levelized costs of energy would decrease through 2050.

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