• About
    • Which Energy Mix is this?
  • Climate News Network Archive
  • Contact
The climate news that makes a difference.
No Result
View All Result
The Energy Mix
  • Canada
  • UK & Europe
  • Fossil Fuels
  • Ending Emissions
  • Community Climate Finance
  • Clean Electricity Grid
  • Cities & Communities
SUBSCRIBE
DONATE
  • Canada
  • UK & Europe
  • Fossil Fuels
  • Ending Emissions
  • Community Climate Finance
  • Clean Electricity Grid
  • Cities & Communities
SUBSCRIBE
DONATE
No Result
View All Result
The Energy Mix
No Result
View All Result
  • Canada
  • UK & Europe
  • Fossil Fuels
  • Ending Emissions
  • Community Climate Finance
  • Clean Electricity Grid
  • Cities & Communities
  FEATURED
Danske Bank Quits New Fossil Fuel Financing January 23, 2023
Extreme Warming Ahead Even as Worst-Case Scenarios Grow ‘Obsolete’ January 23, 2023
Notley Scorches Federal Just Transition Bill as Fossil CEO Calls for Oilsands Boom January 23, 2023
IRON OXIDE: New Battery Brings Long-Duration Storage to Grids, 750 Jobs to West Virginia January 23, 2023
BREAKING: GFANZ Banks, Investors Pour Hundreds of Billions into Fossil Fuels January 17, 2023
Next
Prev

Solar+Storage Costs Less than Grid Electricity in Six European Cities

September 8, 2019
Reading time: 1 minute

Isofotón/wikimedia commons

Isofotón/wikimedia commons

1
SHARES
 

Solar plus storage is already cost-competitive across much of southern and northern Europe, and will hit grid parity across the continent by 2025, according to a new study conducted by a solar photovoltaic researcher with support from industry.

The paper by Christian Breyer, professor of solar economy at Finland’s Lappeenranta University of Technology, looked at six cities across the continent and found that solar costs fell below the average hourly price of grid electricity (the “spot price”, in industry parlance) in 2018. The solar cost calculation was based on the “levelized cost of energy” (LCOE), a calculation that allows analysts to compare the lifetime cost of different electricity generation options.

  • Concise headlines. Original content. Timely news and views from a select group of opinion leaders. Special extras.
  • Everything you need, nothing you don’t.
  • The Weekender: The climate news you need.
New!
Subscribe

“Solar competitiveness—understood as the gap between average spot market prices and lower PV LCOEs –was most pronounced in high-irradiation Spain and Italy, followed by the UK, France, Germany, and Finland,” PV-Tech reports, though solar came in less expensive from Málaga to Helsinki. “The findings, the study said, should help steer the ongoing global debate on how to tackle climate change.”

The cost data wasn’t easy to track down, since “investors do not usually publish their budgets,” the researchers said. But “policy-makers need to be informed that PV is the cheapest form of electricity, especially if its inherent low…risks are taken into account.”



in Clean Electricity Grid, Community Climate Finance, Ending Emissions, Energy / Carbon Pricing & Economics, Solar, UK & Europe

The latest climate news and analysis, direct to your inbox

Subscribe

Related Posts

RL0919/wikimedia commons
Finance & Investment

Danske Bank Quits New Fossil Fuel Financing

January 23, 2023
2.2k
@tongbingxue/Twitter
Ending Emissions

Extreme Warming Ahead Even as Worst-Case Scenarios Grow ‘Obsolete’

January 23, 2023
310
Rachel Notley/Facebook
Jobs & Training

Notley Scorches Federal Just Transition Bill as Fossil CEO Calls for Oilsands Boom

January 23, 2023
287

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

Trending Stories

RL0919/wikimedia commons

Danske Bank Quits New Fossil Fuel Financing

January 23, 2023
2.2k
EcoAnalytics

Albertans Want a Just Transition, Despite Premier’s Grumbling

January 23, 2023
275
KHOU 11/YouTube

Texas Export Terminal Admits Human Error in LNG Explosion, Fire

August 21, 2022
3.1k
United Nations

Salvage of $20B ‘Floating Time Bomb’ Delayed by Rising Cost of Oil Tankers

January 27, 2023
84
@tongbingxue/Twitter

Extreme Warming Ahead Even as Worst-Case Scenarios Grow ‘Obsolete’

January 23, 2023
310
Rachel Notley/Facebook

Notley Scorches Federal Just Transition Bill as Fossil CEO Calls for Oilsands Boom

January 23, 2023
287

Recent Posts

Weirton, WV by Jon Dawson/flickr

IRON OXIDE: New Battery Brings Long-Duration Storage to Grids, 750 Jobs to West Virginia

January 23, 2023
529
Sergio Boscaino/flickr

Dubai Mulls Quitting C40 Cities Over ‘Costly’ Climate Target

January 24, 2023
96
hangela/pixabay

New UK Coal Mine Faces Two Legal Challenges

January 24, 2023
47

Gas Stoves Enter U.S. Climate Culture War, Become ‘Bellwether’ for Industry

January 22, 2023
79
Jeff Hitchcock/flickr.

BREAKING: GFANZ Banks, Investors Pour Hundreds of Billions into Fossil Fuels

January 23, 2023
506

Exxon Had the Right Global Warming Numbers Through Decades of Denial: Study

January 17, 2023
228
Next Post
Vinaykumar8687/WikimediaCommons

India’s Rajasthan State Plans 50 GW of New Solar Capacity by 2025

The Energy Mix - The climate news you need

Copyright 2023 © Energy Mix Productions Inc. All rights reserved.

  • About
  • Contact
  • Privacy Policy and Copyright
  • Cookie Policy

Proudly partnering with…

scf_withtagline
No Result
View All Result
  • Canada
  • UK & Europe
  • Fossil Fuels
  • Ending Emissions
  • Community Climate Finance
  • Clean Electricity Grid
  • Cities & Communities

Copyright 2022 © Smarter Shift Inc. and Energy Mix Productions Inc. All rights reserved.

Manage Cookie Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behaviour or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage vendors Read more about these purposes
View preferences
{title} {title} {title}