Categories
Business General Nuclear Power Renewables

Reserves vs Resources – The end of fossil fuels?

Do you remember headlines predicting the imminent end of fossil fuels?

Years later, the end of fossil fuels is still being predicted. We are half way through 2020 and there is still no end in sight for fossil fuels[1]. Without question, fossil fuels are finite, but why are accurate forecasts so hard to come by? And what does this mean for renewable energy?

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Hydropower LCOE Renewables

Understanding hydropower’s LCOE calculation

Hydropower remains one of the least-expensive energy sources. This remains true even despite recent cost increases. Since 2010, hydropower’s global weighted average levelized cost of energy has increased by 27% to around USD 47 per MWh in FY2019. This uptick is due to rising installation costs, which in turn are largely due to new projects being located in more challenging locations. 

Categories
Blockchain Business Renewables

A Blockchain Platform That Validates Your Power’s Green Credentials

One big challenge for the renewable energy sector today is the traceability or identification of the generating asset power stream.

Categories
Business LCOE Renewables Solar (PV)

Solar PV LCOE Breakdown

Over the past decade, costs trends within the renewable energy sector have been dramatically decreasing, making wind (as discussed in our post “Wind Energy LCOE Breakdown”) and solar two of the most competitive energy sources. 

Categories
Business LCOE Renewables Wind

Wind Energy LCOE Breakdown

Our earlier post, “LCOE’s to compare energy investments”, focused on levelized costs of energy. This post will more closely examine LCOE’s for wind energy. In doing so, we will seek to understand the calculations and their unique charateristics, and explore the differences between offshore and onshore projects. Finally, we will present an overview of some selected countries and their respective LCOE’s.