RENEWABLE ENERGY IS NOW THE CHEAPEST ENERGY The Levelized Cost of Energy (LCOE) for solar and wind has fallen 90% and 71%, 1 respectively, over the last decade. The unsubsidized costs of solar and wind energy are now 3-4 cents / kWh and 2-5 cents / kWh, respectively. Certain individual projects have had even lower costs. For context, the average LCOE for fossil fuels such as coal or natural gas is ~5-7 cents / kWh. This means that solar and wind are already at a lower price point than coal and natural gas. Solar and wind energy also just reached cost parity2 with both geothermal and hydroelectric, which at around 3-5 cents / kWh are inexpensive, but geographically limited.
Bitcoin is Key to an Abundant, Clean Energy Future
