Authorization
They account for half of all new power generation capacity additions worldwide. Renewable technologies are now the most economic solution for off-grid electrification and centralized grid supply in locations with good resources", stipulates the Press Release by International Renewable Energy Agency (IRENA) from June 6th, 2012.
А comprehensive analysis of the cost and performance of key renewable power generation technologies was released on June 6, 2012 by the International Renewable Energy Agency (IRENA). The analysis, presented in a series of five studies (approx 40 pages each), covers solar photovoltaics (PV), concentrating solar power (CSP), wind power, hydropower and biomass for power generation.
In locations with good wind resources, onshore wind has become a highly competitive power generation option. Wind turbine prices have recently started to fall and this trend is likely to continue as low-cost manufacturers from emerging economies increasingly make their presence felt in the global market.
The cost of electricity from the best sites in North America was in the range USD 0.04-0.05/kWh in 2010, competitive with or cheaper than gas-fired generation even in the so-called "golden age of gas". In China, wind turbine costs are 50-60% cheaper than in North America.
The reports can be downloaded at www.irena.org/publications.
Home