A new meta-study published by German renewables organization AEE reviews around a dozen recent studies on power generation costs from both renewable and conventional energy sources. The trend is clear, and one of the studies is a clear outlier. Craig Morris explains. Our regular readers are probably familiar with the chart below, showing trend lines for various types of wind and solar power relative to the generation cost of the German nuclear + fossil power mix. Those figures were from Fraunhofer ISE’s study on power generation costs from 2012. The new study by the AEE (website in German) uses the updated study from 2013 as one of the studies reviewed, and it presents its overviews by energy source. Here’s the one for offshore wind. The names of the studies are at the bottom. The blue bars represent prices in cents per kilowatt-hour, with light blue areas containing arrows representing a price range. At the top, the different dates indicate historic prices for past dates and prices that the studies expect in the future. I’d like … Continue reading How competitive are renewables with conventional power?