Wind, solar cheaper than coal, and responsible for falling energy price outlook – pv magazine Australia

Major reports from Australia’s chief energy institutions point to the importance of wind and solar not just because of their climate credentials, but also the economic benefits they bring. A report from the energy market operator and the CSIRO finds based on analysis of LCOE that renewables are the cheapest new-built power. A separate report from the Australian Energy Market Commission shows that wind and solar will give a typical household a saving of $55 a year in next two years.
— Read on www.pv-magazine-australia.com/2018/12/21/wind-solar-cheaper-than-coal-and-responsible-for-falling-energy-price-outlook/