Lazard says fossil fuel costs double that of utility-scale solar
- Admin
- Jun 12, 2024
- 1 min read
Lazard's report analyzes LCOE of different generation sources, highlighting that onshore wind and utility-scale solar have the lowest LCOE. While solar costs have fallen significantly, some cost pressures have led to tighter LCOE ranges. The report also mentions the benefits of wind and solar generation in terms of climate and air quality. Additionally, it discusses the impact of the Inflation Reduction Act on renewable energy assets and energy storage costs.
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