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As Wind Power Engineering recently reported (http://www.windpowerengineering.com/construction/projects/lazard-finds-cost-wind-power-dropped-50-last-4-yr/) Lazard released an analytical report that found that, over the last four years, the levelized cost of energy for wind power has continued to decline. Even more interesting, PV is a competitive source of peak energy as compared with conventional generation in many parts of the world, without any subsidies. This report shows the levelized cost of energy analysis across several different technologies. Interesting enough, the report concludes that while the past several years have been marked by radical rationalization and retrenchment for many participants in the Alternative Energy sector, there have been successes in many important areas. It seems that alternative energy is far from dead. Lazard is one of the world's preeminent financial advisory and asset management firms and operates from 40 cities across 26 countries in North America, Europe, Asia, Australia, Central and South America. Led by Lazard CEO Kenneth Jacobs, the firm provides advice on mergers and acquisitions, strategic matters, restructuring and capital structure, capital raising and corporate finance, as well as asset management services to corporations, partnerships, institutions, governments and individuals.
Lazard finds the cost of wind power dropped 50%
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As Wind Power Engineering recently reported (http://www.windpowerengineering.com/construction/projects/lazard-finds-cost-wind-power-dropped-50-last-4-yr/) Lazard released an analytical report that found that, over the last four years, the levelized cost of energy for wind power has continued to decline. Even more interesting, PV is a competitive source of peak energy as compared with conventional generation in many parts of the world, without any subsidies. This report shows the levelized cost of energy analysis across several different technologies. Interesting enough, the report concludes that while the past several years have been marked by radical rationalization and retrenchment for many participants in the Alternative Energy sector, there have been successes in many important areas. It seems that alternative energy is far from dead. Lazard is one of the world's preeminent financial advisory and asset management firms and operates from 40 cities across 26 countries in North America, Europe, Asia, Australia, Central and South America. Led by Lazard CEO Kenneth Jacobs, the firm provides advice on mergers and acquisitions, strategic matters, restructuring and capital structure, capital raising and corporate finance, as well as asset management services to corporations, partnerships, institutions, governments and individuals.
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