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General Renewables

Renewables have seen all-time highs in the first half of 2020

Solar and wind power generation doubled their share over the last five years in terms of global energy supply. This is an astonishing growth rate of 14.87% per annum on average. But what has contributed to that rapid increase? Coronavirus, it turns out, has played a role. 

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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.