Producing wind power and solar power is cheaper than coal

For the first time, the cost of producing wind and solar power in the UK and Germany was cheaper than the cost of producing electricity from coal, even in the absence of state funding.

The cost of producing wind power is much cheaper than coal

This is the latest study by Bloomberg New Energy Finance (Bloomberg New Energy Finance) about the current state of exploitation of new energy sources.

According to the Washington Post, particularly in the UK and the US, the cost of producing current wind power is much cheaper than thermal power. While the cost of wind power production is 85 USD / MWh and 80 USD / MWh respectively, the cost of thermal power production in both countries is above 100 USD / MWh.

Solar electric fields were deployed last month near Nauen, Germany - (Photo: Washington Post).

Bloomberg New Energy Finance's research results show that we are getting closer and closer to a world in which the exploitation of wind power and sunlight will cost less than mining. energy from thermoelectricity.

According to analysts in Europe, the Middle East and Africa, Seb Henbest, a Bloomberg New Energy Finance research report, surveyed about 55,000 electric energy exploitation projects worldwide, comparing the basics. flattening all the relevant factors in power generation technologies of projects to have a comprehensive view of energy issues.

According to Bloomberg New Energy Finance, globally, the cost of producing onshore wind power averages $ 83 / MWh ($ 2 cheaper than the first half of this year). The average cost of producing solar power is 122 USD / MWh (7 USD cheaper than the first half of this year).