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Renewables Still the Cheapest New-Build Power in Australia Written by AZoCleantechDec 11 2020 A new report from CSIRO, Australia’s national science agency, has more accurately calculated the integration costs of renewables in electricity generation and found that solar and wind continue to be the cheapest source of energy in Australia.   Each year, CSIRO and the Australian Energy Market Operator (AEMO) work with a range of industry stakeholders to give an updated estimate of the cost to generate electricity for new power plants in Australia, through their GenCost report.   This year, the ...

The latest estimates of electricity generation costs in Australia find renewables will soon be the cheapest even with grid integration expenses.

Date Time Renewables still cheapest new-build power in Australia A new report from CSIRO, Australia’s national science agency, has more accurately calculated the integration costs of renewables in electricity generation and found that solar and wind continue to be the cheapest source of energy in Australia. Each year, CSIRO and the Australian Energy Market Operator (AEMO) work with a range of industry stakeholders to give an updated estimate of the cost to generate electricity for new power plants in Australia, through their GenCost report. This year, the report — which is now open for pu...