Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Renewable energy costs dropping across the globe
http://asia.nikkei.com/Politics-Economy/Economy/Renewable-energy-costs-dropping-across-the-globe[font face=Serif]January 28, 2017 7:15 am JST
[font size=5]Renewable energy costs dropping across the globe[/font]
[font size=4]Solar, wind power often as cheap as coal-fired thermal power[/font]
TAKAYUKI KATO, Nikkei staff writer
[font size=3]FRANKFURT, Germany -- Renewable energy is growing cheaper to produce, with bid prices for solar and wind power projects in Europe and the Middle East dropping to levels comparable with coal-fired thermal power.
Renewable energy has been notoriously costly in the past, but many countries began to subsidize it in the 2000s in an effort to fight global warming and diversify their energy sources. Costs of equipment and construction have slid as the market expands, pushed further down by the migration toward a bidding system for construction projects in Europe and elsewhere.
A number of Western companies in such fields as information technology have begun buying all their energy from renewable sources as prices fall.
…[/font][/font]
[font size=5]Renewable energy costs dropping across the globe[/font]
[font size=4]Solar, wind power often as cheap as coal-fired thermal power[/font]
TAKAYUKI KATO, Nikkei staff writer
[font size=3]FRANKFURT, Germany -- Renewable energy is growing cheaper to produce, with bid prices for solar and wind power projects in Europe and the Middle East dropping to levels comparable with coal-fired thermal power.
Renewable energy has been notoriously costly in the past, but many countries began to subsidize it in the 2000s in an effort to fight global warming and diversify their energy sources. Costs of equipment and construction have slid as the market expands, pushed further down by the migration toward a bidding system for construction projects in Europe and elsewhere.
A number of Western companies in such fields as information technology have begun buying all their energy from renewable sources as prices fall.
…[/font][/font]
