Posts Tagged ‘Parity’

Renewable energy to reach cost parity with coal by 2020

Australia can reach a renewable energy tipping point in 2020, with renewable generation costs to be less than fossil fuels, EY power leaders say. Australia may be one of the first nations to reach this stable grid parity point, EY Global Advisory power and utility leader Serge Colle told Fairfax Media. View full post on […]

Grid Parity is making In-roads in Industry

He also cited Duke Energy’s recent announcement that it “Wind [energy development] will continue to grow in the U.S., even with the expiration of the federal Production Tax Credits as [the industry] approaches so-called grid parity — meaning the energy generated by a utility-scale wind farm can compete economically with that generated by new conventional […]