Sustainability
Wind and solar power prices are falling dramatically
Wind and solar power, competitors are already capable of. The costs are reduced but, according to a report by the International Renewable Energy Agency. Winner is not only good for the environment.
In the past seven years, prices for solar modules fell by roughly 80 percent and the prices for wind power plants by 30 to 40 percent. After today (15.06.2016) in Abu Dhabi published
The report ‘The Power to Change’, the International Renewable Energy Agency (IRENA), the fall in prices in the world even more strongly. The average cost of electricity from wind power plants in the country could decrease by 2025 to 26 percent of solar modules even to 59 percent.
By 2025, the electricity would cost the global average for electricity from wind turbines on Land and photovoltaics on four to five Euro cents per kilowatt-hour (kWh) will decrease. So you will be significantly less expensive than the generation of electricity from nuclear reactors and fossil fuel plants.
“We have already had drastic cost reductions in the last few years, and this report shows that, driven by technological progress and market developments, the prices will continue to fall,” says IRENA Director-General Adnan Z. Amin. “The sun and the Wind is already the cheapest source in many markets around the world. The further cost reduction will strengthen the Trend, for economic reasons, from fossil fuels to switch to renewable energy.”
Winner Wind Energy
Currently, wind turbines generate in the country a very favorable current. The cost of the electricity production with wind turbines on the Land, according to the report, with new investments in global average at seven US Cents per kWh (EUR 5.7 cents).
The IRENA authors assume that due to further cost reductions in manufacturing, construction, and maintenance, the development of Know-How could fall in front of the place and by more efficient plants with larger turbines, towers and rotors, the cost in 2025 by 26 percent. A kWh of electricity would cost in the global average, only about four cents. For comparison, electricity from new coal-fired power plants today costs more than twice as much.
A large cost reduction, there will be, according to the authors, in the case of wind parks in the sea. Currently, there are, especially in Europe, the first Offshore wind farms, but the technology is still relatively young, and so their share of the global installed wind power is only three percent.
Compared to the onshore wind power electricity generation on the sea is still relatively expensive and costs more than twice as much. By larger systems, and the development of complex technology in Installation and maintenance but also decreases the costs substantially. According to the experts, the electricity from Offshore wind farms could be the global average of 35 percent cheaper.
Electricity from photovoltaics is incredibly inexpensive. In many places it is already cheaper than coal, Oil, and Gas.
Price Crusher Photovoltaic
An almost incredible dynamics experienced the generation of electricity from photovoltaics: In 2010, electricity from solar modules at a cost of between 25 and 35 Euro cents per kWh. Five years later, in 2015, the electricity from new modules, already two-thirds cheaper in the global average of 10.7 cents per kWh. Through a more efficient production and more efficient modules, the cost reduction is progressing more quickly: According to IRENA, the cost of electricity from the solar modules could fall by 2025, 59 percent. In the global section of the current would cost less than five Euro cents per kWh.
How cheap is the electricity from solar power today can be, note the authors, with a reference to a large solar Park to be built in the United Arab Emirates. The electricity supplier in Dubai, received in the spring of the offer to produce solar electricity for 2.5 Euro cents per kWh in the world, this is considered to be
Price record.
Solar thermal power plants in the South of Morocco. You are soon to create for 1.3 million people of electricity.
Solar thermal power plants competitive
With the Boom in the photovoltaic solar thermal power plants could not keep up to date. They do not convert the solar energy directly in electricity, but to heat with Mirrors of water to steam, which drives as in a conventional power plant, a Generator and produces electricity.
Solar thermal power plants, especially in desert regions. The big advantage is that you save energy and in the night-time electricity can produce. According to the IRENA report, the costs could fall to around a third.
Energy conversion and climate needs policy
Of significantly falling prices for Wind and solar power, the analysts of Bloomberg New Energy Finance. In your two days previously published
New Energy Outlook to 2016 forecast up to the year 2040, a reduction of costs for wind power on Land by 41 percent and for photovoltaic power by about 60 percent. They assume that by then 7.8 trillion dollars (6.4 trillion Euro) in these renewable technologies will be invested, but only 2.1 trillion dollars (1.7 trillion euros) in fossil coal – and gas-fired power plants.
At the same time, experts stress, however, that this investment contributes to achieving the climate protection targets is not enough To limit global warming to two degrees, the investment in ion to be in the Renewable approximately 70 percent higher.
In comparison to the forecasts of Bloomberg could go, according to the IRENA, the reduction in costs of Wind and solar power faster. The IRENA experts emphasize in their report, however, the word “can” and the meaning of the policy. “With the turnaround in energy policy continue, we need to address now the political focus on even greater reductions in costs and, therefore, the enormous economic opportunities,” stresses Amin, and is convinced that the. “The winners of this Transformation is the consumer, the environment and future generations.”