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Joint IEA-NEA report details plunge in costs of renewable electricity; nuclear competitive with other baseload power sources

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The cost of producing electricity from renewable sources such as wind and solar has been falling for several years. The report calculates the cost of producing electricity from different types of new power plants. 2010 and 2015 LCOE ranges for solar and wind technologies. Source: IEA/NEA. Click to enlarge. Source: IEA/NEA.

Cost Of 150
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Devil in the Details: World Leaders Scramble To Salvage and Shape Copenhagens UNFCCC Climate Summit

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The last official UNFCCC meeting prior to the 15 th Congress ended 6 November in Barcelona, and environment ministers have been shuttling in and out of Copenhagen since then to conduct ad hoc negotiations prior to the summit. ” —British Energy Secretary Ed Miliband, summing up the historical significance of COP 15. ºF) increase.

Climate 236
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We Need More Than Just Electric Vehicles

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The total cost of purchasing and driving one—the cost of ownership—has fallen nearly to parity with a typical gasoline-fueled car. Manufacturing an EV battery using coal-based electricity results in more than three times the greenhouse-gas emissions of manufacturing a battery with electricity from renewable sources.