Why LVOE May Be a Better Decision-Making Tool Than LCOE for Power Companies

Credit to Author: Aaron Larson| Date: Thu, 19 Dec 2024 18:55:01 +0000

Most POWER readers are probably familiar with levelized cost of energy (LCOE) and levelized value of energy (LVOE) as metrics used to help evaluate potential power plant investment options. LCOE […]

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Solar & Wind Cheaper & Cheaper — New Reports

Credit to Author: Zachary Shahan| Date: Mon, 28 Oct 2024 15:55:54 +0000

Why are solar power and wind power dominating new power installations? Because they’re cheaper. The problem with some big purchases people make, and plenty of little purchases, is we look at the upfront cost of something instead of the long-term, lifetime cost. The good thing about purchases of big power … [continued]

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Smart Software Bolsters Utility-Scale Solar Projects

Credit to Author: Jake Bartosch| Date: Mon, 20 May 2024 12:58:05 +0000

The solar industry is on a continuous innovation curve — driving advancements, pushing boundaries, and harnessing solar energy’s power to increase returns and drive down the lower levelized cost of […]

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Tigo Energy Delivers Most Powerful Solar MLPE for High-Wattage & Bifacial Modules

Credit to Author: Press Release| Date: Fri, 10 May 2024 03:30:24 +0000

Tigo TS4-X devices provide the latest in safety, monitoring, and optimization, including a new Multi-Factor Rapid Shutdown (MFRS) capability for critical applications, for solar installers deploying modules up to 800W Tigo Energy, Inc. (NASDAQ: TYGO), a leading provider of intelligent solar and energy software solutions, today announced the newest additions to … [continued]

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Westinghouse Unveils the AP300—A Miniaturized AP1000 Small Modular Nuclear Reactor

Credit to Author: Sonal Patel| Date: Thu, 04 May 2023 17:31:07 +0000

Westinghouse has officially unveiled the AP300, a “downsized” version of the company’s flagship AP1000 Generation III+ pressurized water reactor (PWR) technology. While the small modular reactor (SMR) will enter a nuclear market […]

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Most Renewables Now Cheaper Than Cheapest Coal

Credit to Author: Zachary Shahan| Date: Fri, 22 Jul 2022 02:50:01 +0000

The idea that it costs a premium to go green and clean is long expired in the electricity industry. A new report from the International Renewable Energy Agency (IRENA) indicates that most of the renewable energy installed in G20 countries last year had lower costs than the absolute cheapest coal power in the world. Despite […]

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The Fourth Industrial Revolution and the Energy Trilemma

Credit to Author: Thomas Leurent| Date: Wed, 01 Jun 2022 17:31:27 +0000

The Fourth Industrial Revolution is arriving in a most timely manner to help resolve the world’s energy trilemma—the transition to net-zero, energy security, and energy affordability. For many years, the World Economic Forum (WEF) has been at the forefront of discussions on climate change and the Fourth Industrial Revolution. Below, I outline our key takeaways […]

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The Case for Autonomous Network Management

Credit to Author: POWER| Date: Mon, 02 Mar 2020 05:00:00 +0000

The post The Case for Autonomous Network Management appeared first on POWER Magazine.

There is a near-global drive to replace carbon-based, polluting, resource-constrained energy sources with non-carbon renewables as the primary fuel for the electricity industry. Even traditional sources of

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Utility-Scale Solar Has Led U.S. Solar Since 2012

Credit to Author: Guest Contributor| Date: Sun, 05 Jan 2020 18:58:58 +0000

https://emp.lbl.gov/utility-scale-solar/The utility-scale solar sector has led the overall U.S. solar market in terms of installed capacity since 2012. In 2018, the utility-scale sector accounted for nearly 60% of all new solar capacity, and is expected to maintain its market-leading position for at least another six years

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Solar Costs & Wind Costs So Low They’re Cheaper Than *Existing* Coal & Nuclear — Lazard LCOE Report

Credit to Author: Cynthia Shahan| Date: Sat, 23 Nov 2019 03:00:32 +0000

A brief decade held considerable cost-efficiency gains in wind and solar. These sustainable technologies are now more cost-effective than any other power generation technologies in general, according to Lazard. Solar and wind technologies simply make more sense

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