New solar is cheaper to build than to run most existing coal plants
20 Sep 2021

LAST week, BloombergNEF’s released estimates for its global benchmark that tracks the levelized cost of electricity, or LCOE, for utility-scale PV and onshore wind. The LCOE looks at the all-in cost to build, operate, and maintain power plants and then calculates the cost per megawatt-hour (MWh) of the energy produced based on all of those inputs.