.png)
The levelized cost of electricity is the most common indicator used to compare the cost competitiveness of electricity-generating technologies. Several studies claim that some renewable energy technologies, particularly utility-scale solar photovoltaic and onshore wind, are cost-competitive with fossil fuel–based technologies. However, there is no consensus on this point considering the wide variations in factors that influence the levelized costs of electricity across countries and technologies. This study calculates more than 4,000 levelized costs of electricity for 11 technologies, varying key input variables. The study shows that the levelized costs of electricity for renewable electricity technologies, except concentrated solar and offshore...
This report guides policy makers to stay on the the 1.5°C path to 2050, explores the socio-economic impacts of the transition and suggests ways to speed progress towards universal access to clean energy.
Keywords: Hydrogen, Renewable energy, energy storage, fuel cell, battery, CARICOM, GHG, greenhouse gas, hydrogen production from primary energy, hydrogen production from secondary energy, gasification
Trinity Business Centre
Country Road
St. Michael, BB11081
Bridgetown
Barbados
Tel: +1 246 537-7333
Email: info@ccreee.org
