It’s now cheaper to build a new wind farm than to keep a coal plant running

It’s now cheaper to build a new wind farm than to keep a coal plant running

Posted by on Nov 20, 2018 @ 7:18 am in Conservation | 0 comments | Last modified: November 19, 2018

Inflation dictates that the cost of living will continue to rise — except, it seems, when it comes to renewable energy. The cost of building a new utility-scale solar or wind farm has now dropped below the cost of operating an existing coal plant, according to an analysis by the investment bank Lazard. Accounting for government tax credits and other energy incentives...

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