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US study: Wind and solar to be cost competitive by 2025

2013-09-03 01:05:00| Climate Ark Climate Change & Global Warming Newsfeed

BusinessGreen: Wind and solar power generation will be cost competitive with fossil fuels without recourse to federal subsidies by 2025, according to a new study from the US National Renewable Energy Laboratory. The study, released last month and titled Beyond Renewable Portfolio Standards: An Assessment of Regional Supply and Demand Conditions Affecting the Future of Renewable Energy in the West, argues that locating renewable energy assets in the most productive regions of the country could serve to slash...

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