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Fraunhofer ISE Study Compares Cost of Electricity Production, Renewable Energy

Forecasts for Germany indicate that costs to produce electricity from PV, wind will be less than fossil fuel plants by 2030

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By: DAVID SAVASTANO

Editor, Ink World Magazine

A study from the Fraunhofer Institute for Solar Energy Systems ISE compares the present costs for conversion of different energy forms into electricity and gives a prognosis for the further cost development up to 2030. The scientists in Freiburg analyzed both the levelized cost of electricity (LCOE) from renewables as well as from conventional energy technologies. They present comparative figures for new power plants constructed in Germany, which are based on solar, wind energy and biogas as wel...

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