Price Slump Prolongs Race Between Gas, Renewables

摘要

The crash in US and global gas prices has postponed the timing at which renewables become more cost-competitive than gas-fired power - and this delay will likely persist longer in the US than elsewhere. But trends have not changed - renewables will displace fossil fuels everywhere. These are some key takeaways of the latest Energy Intelligence Cost Report, which calculates and compares the costs of various power generating technologies on a lifetime, or levelized cost of energy basis, both now and in the future.