Learning-curve based predictions of the LCOE of renewable energy technologies and conventional power plants in Egypt by
2035. Calculation parameters at http://bit.ly/2icP6YK
By 2035 the levelised cost of electricity (LCOE) of ground-mounted photovoltaic (PV) plants built in Egypt will drop “considerably” below the average LCOE of all fossil fuel power plants in the country, says a new German study.
The Fraunhofer Institute for Solar Energy Systems ISE says that the LCOE for ground mount PV will fall to USD 0.055 (USD 0.053) per kWh by 2035, which compares to an expected LCOE of USD 0.078-0.087 per kWh for combined-cycle gas turbines (CCGT), and USD 0.090-0.094 per kWh for diesel generators.
Both ground-mounted and rooftop systems will also be able to compete with onshore wind power, according to the study. The LCOE from onshore wind is already at a very low level, with future improvements expected mainly due to a higher number of full load hours and the development of new locations with specialised wind turbines.