Solar, Wind Cost May Fall to Level for Coal by 2020s, Study Says
This article is for subscribers only.
The cost of solar and onshore wind power may fall to the same level as generation from fossil fuels by the 2020s, energy consultant Poyry Oyj said in a report.
Solar plants in Spain may produce electricity competitive with coal and gas as early as 2021, in Portugal by 2022 and in parts of Italy by 2025, Poyry said. Both solar and wind may reach so-called grid parity in Turkey by as early as 2018.