Thursday, June 07, 2012

Renewable Energy IS Getting Cheaper

A series of reports published on 6 June 2012 by the International Renewable Energy Association  [IRENA] [See ] shows some detailed figures in the publications about the costs of renewable energy form various sources, and the expected costs over the next few years.

Solar energy in various formats seems to be trending strongly lower in costs, while hydro power is already about the lowest cost around for renewable energy.

Cost of solar has reached very attractive costs for domestic use in a number of countries, with Germany among the lowest cost countries.

The reports are free and easily downloadable from their web site, and provide a fairly non partisan view of renewable energy costs in various forms, covering a rang eof solar types, hydropower, wind energy, biomass and similar.  It is interesting to note that biomass can be an attractive option cost wise in areas where residuals exist and can be converted to energy.  The reports are separate for the various energy forms.


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