The levelised cost of electricity (LCOE) of solar in the UK could fall to just £28/MWh by 2040, according to new projections published by the country’s government.
Liam Stoker and Andy Colthorpe return for the August 2020 episode of the Solar Media podcast, reflecting on the biggest news stories from the global solar and energy storage ecosystems.
Europe’s renewables sector stands well poised to deliver the huge scale of growth required to power a green hydrogen economy, but issues surrounding land and permitting will need to be tackled if the nascent sector is to fulfil its potential.
Europe’s fleet of solar arrays generated 68TWh of power in the first six months of 2020, a 15% increase on last year’s figure as new, larger solar farms came to the fore.
Oil and gas majors moving aggressively into renewables must build and not buy their way in, or their contribution to global carbon reduction efforts will be significantly limited, RWE’s CFO Markus Krebber has said.
Solar and wind generated a record 9.8% of global electricity during the first six months of 2020, but further gains are needed if Paris Agreement targets are to be met, a new report has said.
