for different power sources. As has been the case for the past several years, solar and wind power remain highly competitive . However, estimates on the high end of the price range have come down a bit while estimates on the low end of the price range have risen a little for the first time
Naturally, as everyone knows, solar and wind power have relatively low capacity factors, and making them really useful and comparable to a fossil gas power plant in utility means adding stationary energy storage as well. Adding in storage, onshore wind power has the same low cost as combined cycle gas power plants, and utility-scale solar is not far off.
Fossil gas power plants are clearly still competitive on a LCOE basis — being allowed to get away with severe methane leaks, of course, that add a large social cost not included in the LCOE.