Renewable Energy Starts to Makes Fossil Fuel More Expensive

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A new report out from Bloomberg New Energy Finance (BNEF) found an interesting side effect of increased wind and solar power use—fossil fuel prices are rising. BNEF’s Levelised Cost of Electricity Update for the second half of 2015 found that the costs of wind and solar power have continued to go down while the costs of gas-fired and coal-fired electric generation have gone up! Moreover, the cycle will continue as wind and solar flourish. 

Read more at SolarReviews.com by clicking here: Renewable Energy Starts to Makes Fossil Fuel More Expensive

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Chris Meehan is a writer for SolarReviews, a consumer reviews website dedicated to the solar industry that also highlights solar energy news, legislation and industry trends.

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