Velog News
|General

Record value . cents per kilowatt hour

A tender for an 800-megawatt photovoltaic project in Qatar ended at a record low. The contract was awarded to a consortium that offered the kilowatt hour for 1.415 euro cents - and this for 25 years. For a plant of this size, this is the lowest price ever achieved for renewable energy.

"To put this in perspective - a nuclear power plant needs around 11 cents per kilowatt hour purely for day-to-day operation to cover its running costs. However, aspects such as dismantling and environmental influences have not yet been taken into account," explains Dr. Rimpler. The PV expert also sees costs of three to four cents per kilowatt hour for the cheapest - and most environmentally damaging - coal-fired power plants; only large hydroelectric power plants that have already been fully written off can keep up with the price levels achieved in Qatar. "This shows the

great potential

of using solar energy

. The technological development in this segment is far from complete."

More articles

Logo with a stylized "S" and the text "Spotty Streaming Energy" in bold, yellow font on a black background.

Partner

Using dynamic electricity tariffs for heat – with Spotty

Discover how to optimize heat generation with dynamic electricity tariffs with my-PV and Spotty – with or without PV.

Read more...
Winery in South Tyrol with solar panels on the roof a gravel parking area in front a garden and vineyards beside it

References

Energy Transition at the Winery: Photovoltaics Instead of Gas in South Tyrol

Winery cuts gas use with solar heat: my-PV enables smart water heating via surplus PV energy in South Tyrol.

Read more...
Row houses feature solar panels on the roofs balconies and a garden shed with a German flag standing in one garden

References

School project brings solar heat to a townhouse

Hot water from an off-grid photovoltaic solution instead of an oil-fired heating system – a cost-effective alternative.

Read more...