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Related: About this forumNew wind and solar cheaper than existing coal and gas
https://www.windpowermonthly.com/article/1491146/new-wind-solar-cheaper-existing-coal-gasThe cost of generating electricity from both coal and gas has surged since the start of 2017, while wind and solar PV prices have been steadily declining, analysts at climate think tank Sandbag stated.
It comes as the European carbon price exceeded 20/tonne for the first time since 2008, reaching 20.42/tonne at market close on 23 August.
In the most recent German onshore auction, concluded earlier in August, the lowest bids were 40/MWh, while the latest solar PV tender in June received low bids of 38.90/MWh.
By comparison, since the start of last year, year-ahead generation costs for coal have risen 72% to 46/MWh, and by 43% to 49/MWh for gas.
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New wind and solar cheaper than existing coal and gas (Original Post)
jpak
Aug 2018
OP
Carbon tax working exactly as intended, to transfer power generation smoothly to non-fossil,
Fred Sanders
Aug 2018
#1
Indeed the switch to natural gas to produce electricity from coal has helped a lot. EU coal already
Fred Sanders
Aug 2018
#4
Fred Sanders
(23,946 posts)1. Carbon tax working exactly as intended, to transfer power generation smoothly to non-fossil,
letting industry and commerce and the profit motive do the heavy lifting.
But in America...the stupid is dangerous.
FBaggins
(26,737 posts)3. May have to hold that argument in your pocket for a bit
Carbon emissions in the US have been falling while those in the EU have been rising.
Fred Sanders
(23,946 posts)4. Indeed the switch to natural gas to produce electricity from coal has helped a lot. EU coal already
progree
(10,907 posts)5. European Renewables Are Up. So Are Carbon Emissions, GreenTech Media, 5/14/18
https://www.greentechmedia.com/articles/read/european-renewables-are-up-so-are-carbon-emissions#gs.YHaILKM
European Union carbon emissions grew 1.8 percent in 2017 despite a 25 percent increase in wind power and 6 percent growth in solar, figures show. The European statistics body Eurostat this month reported that carbon dioxide emissions rose last year in a majority of EU member states
...
The net rise in emissions, attributed to economic growth across much of the EU, illustrated how hard it will be for the bloc to achieve its target of cutting carbon to 40 percent below 1990 levels in 2030 and progressing to 60 percent by 2040.
Last year saw EU member states adding a record 15.6 gigawatts of wind power and 340 megawatts (( 0.340 gigawatts )) of solar. Wind represented 55.2 percent of all new power generation installed in 2017, with solar making up a further 21.3 percent ((math??)).
In contrast, new gas plants accounted for just 9.2 percent of capacity additions, and coal was a further 6.1 percent..
...
The net rise in emissions, attributed to economic growth across much of the EU, illustrated how hard it will be for the bloc to achieve its target of cutting carbon to 40 percent below 1990 levels in 2030 and progressing to 60 percent by 2040.
Last year saw EU member states adding a record 15.6 gigawatts of wind power and 340 megawatts (( 0.340 gigawatts )) of solar. Wind represented 55.2 percent of all new power generation installed in 2017, with solar making up a further 21.3 percent ((math??)).
In contrast, new gas plants accounted for just 9.2 percent of capacity additions, and coal was a further 6.1 percent..
NickB79
(19,243 posts)2. Europe doesn't have cheap fracked gas though
They get gas primarily from the North Sea and Russia, making it more expensive.
Thankfully they've been smart enough to mostly ban the practice.