Over upcoming decades, the world looks set for massive price declines in renewables. The costs of onshore wind, which have plunged 30 percent over the past eight years, will be 47 percent lower than they are now, while solar power is poised to drop another 60 percent, down to a price which is already three quarters lower than in 2009. The price of offshore wind, however, will take the steepest dive totaling 71 percent.
These are some of the conclusions reached by Bloomberg New Energy Finance (BNEF) in its recent report New Energy Outlook 2017.
Already a subscriber? Log in.
Read the whole article
Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers.
Start a free company trial todayMore from EnergyWatch
Vestas awaits clarity on major US green energy funding
After a second quarter that, to put it mildly, was disappointing on order intake, the Danish wind turbine manufacturer intends to maintain its price strategy. Major green energy funding from the US spells promise, but Vestas is waiting for final clarity.
KK Wind Solutions ready to "immediately scale" asset purchase from Vestas
With the takeover of Vestas' converter and control systems business, KK Wind Solutions has more than doubled its personnel head count in less than four years.
Vestas books deficit of EUR 147m in Q2
As expected, the Danish OEM struggled through yet another quarter of ongoing supply chain problems dominating the company’s financial results.
Ørsted extends climate ambitions to supply chain
The Danish power company wants all of its suppliers to exclusively utilize renewable energy from 2025.
Media: Russia blocks Western utilities' asset sales
According to Russian media Kommersant, the country’s authorities have frozen divestments of, among others, Enel and Fortum’s power plants and wind farms. The Finnish utility is analyzing the situation, however without confirming implication.
Coordinator for regulatory processes in large construction projects 
Head for biogas and compressors 
Legal Manager 
Payroll Accountant 
Senior Transaction Manager, M&A and Project Financing 
Heat pump Consultant and Coordinator 
Financial consultant for the district heating area 
The Climate Council is looking for a student assistant with an interest in the climate area, good understanding of numbers and analytical sense 
Adm. Director of Svendborg District Heating 
A lawyer (chief consultant) is wanted for People & Culture 
Wind turbine technician 
HV Specialist for newly created position 
GMP Compliance Consultant to Eltronic in Ballerup 
Technically skilled Project Manager for a new function in eMobility Delivery in Norlys Energi