Unum
2024-08-13 01:15:18 UTC
https://cleantechnica.com/2024/08/12/solar-photovoltaics-with-battery-storage-cheaper-than-conventional-power-plants/
The new edition of the study by the Fraunhofer Institute for Solar Energy
Systems ISE on the electricity generation costs of various power plants shows
that photovoltaic systems, even in combination with battery storage, now
produce electricity much more cheaply than coal or gas power plants. The
Fraunhofer ISE has been calculating the so-called electricity generation costs
– i.e. the average generation costs per kilowatt hour of electricity – for
Germany at regular intervals since 2010. The new analysis also includes the
electricity generation costs for agri-photovoltaics, hydrogen power plants and
new nuclear power plants for the first time. In addition to the current status
for 2024, the scientists also provide a forecast for cost developments up to
2045.
PV ground-mounted systems and onshore wind turbines are the most cost-
effective technologies in Germany, with costs of 4.1 to 9.2 cents per kilowatt
hour, not only among renewable energies, but among all types of power plants.
The electricity generation costs for PV battery systems vary in the analysis
for Germany between 6.0 and 22.5 cents per kilowatt hour. The wide range
results from the high cost differences for battery systems (400 to 1000 euros
per kilowatt hour) in combination with the cost differences for PV systems and
the different levels of solar radiation at the plant location.
The new edition of the study by the Fraunhofer Institute for Solar Energy
Systems ISE on the electricity generation costs of various power plants shows
that photovoltaic systems, even in combination with battery storage, now
produce electricity much more cheaply than coal or gas power plants. The
Fraunhofer ISE has been calculating the so-called electricity generation costs
– i.e. the average generation costs per kilowatt hour of electricity – for
Germany at regular intervals since 2010. The new analysis also includes the
electricity generation costs for agri-photovoltaics, hydrogen power plants and
new nuclear power plants for the first time. In addition to the current status
for 2024, the scientists also provide a forecast for cost developments up to
2045.
PV ground-mounted systems and onshore wind turbines are the most cost-
effective technologies in Germany, with costs of 4.1 to 9.2 cents per kilowatt
hour, not only among renewable energies, but among all types of power plants.
The electricity generation costs for PV battery systems vary in the analysis
for Germany between 6.0 and 22.5 cents per kilowatt hour. The wide range
results from the high cost differences for battery systems (400 to 1000 euros
per kilowatt hour) in combination with the cost differences for PV systems and
the different levels of solar radiation at the plant location.