Related Articles
Forward article link
Share PDF with colleagues

PE Live: US transition may cost ‘challenging but feasible’ net $1tn

The long-term cost savings from the shift to renewables, after accounting for avoided fossil fuel costs, will offset much of the short-term capex and maintenance costs

The falling cost of renewables projects combined with lower long-term operational costs than conventional power generation mean than the net cost of decarbonising the US power sector may fall to around $1tn by 2035, Berkeley Research Group (BRG) experts said on a PE Live webcast last week. BRG published a whitepaper ahead of the webcast, on the PE Media Network Insight Centre, analysing the evolving economics of the energy transition from scarce hydrocarbons to abundant renewable energy. “A real change is the economic cost of the energy transition,” says Dr Matthew Tanner, managing director, energy & climate, BRG. “Once you get over the hump of a transition, it becomes a sel



{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}
Also in this section
BP partners with Oman on renewables and hydrogen
18 January 2022
Oil major plans to undertake wind and solar data assessment for multi-gigawatt energy hubs
Oil majors secure Scottish offshore wind rights
18 January 2022
BP, Shell and TotalEnergies buy options to develop large-scale fixed and floating projects offered in Scotwind tender round
China’s green finance boom lacks ESG data
17 January 2022
Regulators demand greater ESG disclosure as China’s emissions goals drive acceleration of green financing
Sign Up For Our Newsletter
Project Data
PE Store
Social Links
Social Feeds
Featured Video