Solar could play big role in helping renewables displace UK’s planned gas fleet. Each 1.8 GW of new gas generation capacity could be replaced by 1.7 GW of solar as part of a cleaner, 6.3 GW collection of renewables and energy storage facilities–and that alternative already comes in cheaper than the business-as-usual approach, according to the Carbon Tracker thinktank. London-based thinktank Carbon Tracker has claimed portfolios of clean energy and storage assets are already cheaper than new combined-cycle gas turbines in the U.K.–with last year proving the inflection point. The cost of developing the 6.3 GW-capacity mix of clean energy assets Carbon Tracker estimated would be necessary to replace a 1.8 GW gas generation plant fell to the same price as the fossil fuel asset in 2020: £60/MWh (€69.93), according to a new report from the thinktank.
PV Magazine 9th March 2021 read more »