Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.

The Current Cost of Solar Electricity

by gmoke Fri Aug 2nd, 2019 at 06:02:05 PM EST

"The Portuguese energy secretariat has secured 1.15 GW of solar development at an average cost of €20.33 ($22.53 per megawatt-hour), representing an investment of about €800 million or $887 million."

That's solar electricity at 2.253¢ per kWh

"One of the bids was made at €14.76/MWh ($16.44/MWh), which was declared a new world record for low solar bidding, according to Portugal's Journal Económico. The secretariat had placed a €45/kWh ceiling on bidding."

That's 1.644¢ per kWh for solar

https:/cleantechnica.com/2019/08/01/portugal-bags-lowest-cost-solar-bid

But, please, correct me if my math is wrong.


Poll
Will renewables become too cheap to meter?
. yes 0%
. no 50%
. not yes 0%
. not no 0%
. neither yes nor no 0%
. both yes and no 50%
. don't understand the question? 0%
. none of the above 0%

Votes: 2
Results | Other Polls
Display:
Thanks for posting this correction.

Diversity is the key to economic and political evolution.
by Cat on Mon Aug 5th, 2019 at 10:13:55 PM EST


Display:
Go to: [ European Tribune Homepage : Top of page : Top of comments ]

Top Diaries

Ulster says NO!

by Frank Schnittger - Oct 17
22 comments

Trump's Presidency Transfixed

by ARGeezer - Oct 17
5 comments

Spain is not a democracy

by IdiotSavant - Oct 14
10 comments

Does anyone care?

by Frank Schnittger - Oct 10
71 comments