Renewable Power Generation Costs

This lecture discusses the 2019 costs of renewable power generation technologies, highlighting the decreasing costs of solar and wind power. It covers the global weighted average levelised cost of electricity, the trends in cost reduction, and the competitive position of renewables. The presentation also delves into the cost metrics used for analysis, the impact of technology improvements, and the comparison of costs by region. The data reveals the significant role of renewables in the global energy mix, with hydropower remaining competitive. The lecture emphasizes the importance of cost transparency and the potential for further cost reductions in the renewable energy sector.