February 12, 2019 by Brent Wanner

Solar’s current growth trajectory means a doubling of annual deployment every three years. But despite further expected reductions in some cost areas (e.g. cheaper tech and economies of scale), the IEA’s new VALCOE (value-adjusted levelised costs of electricity) metric calculates that solar’s relative competitiveness per unit added will actually decline as its inherent demand-matching issues scale up with the growth. Brent Wanner, WEO Energy … [Read more...]

Filed Under: Climate policy, Energy, Renewables Tagged With: flexibility, IEA, Intermittency, investment, LCOE, policy, solar, transition, VALCOE, WEO2018