{"id":5692,"date":"2015-01-21T16:14:10","date_gmt":"2015-01-21T09:14:10","guid":{"rendered":"https:\/\/vncpc.org\/?p=5692"},"modified":"2015-01-21T16:14:10","modified_gmt":"2015-01-21T09:14:10","slug":"renewable-power-generation-costs-in-2014","status":"publish","type":"post","link":"https:\/\/vncpc.org\/en\/renewable-power-generation-costs-in-2014\/","title":{"rendered":"Renewable Power Generation Costs in 2014"},"content":{"rendered":"<p align=\"justify\"><strong>The competitiveness of renewable power generation technologies continued improving in 2013 and 2014, reaching historic levels. Biomass for power, hydropower, geothermal and onshore wind can all provide electricity competitively against fossil fuel-fired power generation. Solar photovoltaic (PV) power has also become increasingly competitive, with its levelised cost of electricity (LCOE) at utility scale falling by half in four years.<\/strong><\/p>\n<p align=\"justify\"><a href=\"https:\/\/vncpc.org\/wp-content\/uploads\/2015\/01\/cost2015.webp\"><img data-dominant-color=\"d5d9db\" data-has-transparency=\"false\" style=\"--dominant-color: #d5d9db;\" loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-5693 aligncenter not-transparent\" src=\"https:\/\/vncpc.org\/wp-content\/uploads\/2015\/01\/cost2015-205x300.webp\" alt=\"cost2015\" width=\"205\" height=\"300\" srcset=\"https:\/\/vncpc.org\/wp-content\/uploads\/2015\/01\/cost2015-205x300.webp 205w, https:\/\/vncpc.org\/wp-content\/uploads\/2015\/01\/cost2015-png.webp 222w\" sizes=\"auto, (max-width: 205px) 100vw, 205px\" \/><\/a><\/p>\n<p align=\"justify\">\n<p style=\"text-align: center;\" align=\"justify\"><em>Click <a href=\"http:\/\/www.irena.org\/DocumentDownloads\/Publications\/IRENA_RE_Power_Costs_2014_report.pdf\" target=\"_blank\">here<\/a> to download.<\/em><\/p>\n<p align=\"justify\"><em><a href=\"http:\/\/www.irena.org\/menu\/index.aspx?mnu=Subcat&amp;PriMenuID=36&amp;CatID=141&amp;SubcatID=277\" target=\"_blank\">Renewable Power Generation Costs in 2014<\/a><\/em> aims to reduced uncertainty about the true costs of renewable power generation technologies, so that governments can be more ambitious and efficient in their policy support for renewables. As this comprehensive report from the International Renewable Energy Agency (IRENA) underlines, perceptions that such technologies are expensive or uncompetitive are outdated, at best.<\/p>\n<p align=\"justify\"><strong><a href=\"http:\/\/www.irena.org\/DocumentDownloads\/Publications\/IRENA_RE_Power_Costs_2014_report.pdf\" target=\"_blank\">Full report<\/a><\/strong><\/p>\n<p align=\"justify\"><strong><a href=\"http:\/\/www.irena.org\/DocumentDownloads\/Publications\/IRENA_RE_Power_Costs_Summary.pdf\" target=\"_blank\">Executive Summary<\/a><\/strong><\/p>\n<p align=\"justify\">The report follows from IRENA\u2019s first major costing study, <em><a href=\"http:\/\/www.irena.org\/menu\/index.aspx?mnu=Subcat&amp;PriMenuID=36&amp;CatID=141&amp;SubcatID=277\" target=\"_blank\">Renewable Power Generation Costs in 2012<\/a><\/em>.<\/p>\n<p align=\"left\">For more of IRENA&#8217;s ongoing renewable energy cost analysis, see\u00a0<a href=\"http:\/\/www.irena.org\/costs\" target=\"_blank\">www.irena.org\/costs<\/a>.<\/p>\n<p align=\"left\"><em>Source: irena.org<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p><strong>The competitiveness of renewable power generation technologies continued improving in 2013 and 2014, reaching historic levels.[&#8230;]<br \/>\n<\/strong><\/p>\n","protected":false},"author":3,"featured_media":5693,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[16,37],"tags":[],"class_list":["post-5692","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-production-and-sustainable-consumption-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.6 (Yoast SEO v27.1.1) - 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