RENEWABLE POWER GENERATION COSTS IN 2019

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RENEWABLE POWER GENERATION COSTS IN 2019 ( renewable-power-generation-costs-in-2019 )

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RENEWABLE POWER GENERATION COSTS 2019 After these four major countries, Brazil is represented by 78 GW of projects, the United Kingdom by 58 GW, Spain by 35 GW, Italy and Viet Nam are represented by 33 GW of projects, Japan by 31 GW, Australia and Canada by 28 GW of projects. Onshore wind is the largest single renewable energy technology represented in the IRENA Renewable Cost Database, with 650 GW of project data available from 1983 onwards. Hydropower is the second largest technology represented in the database with 523 GW of projects since 1961, with around 90% of those projects commissioned in the year 2000 or later. Cost data is available for 415 GW of solar PV projects, 100 GW of commissioned and proposed offshore wind projects, 71 GW of biomass for power projects, 9 GW of geothermal projects and around 8 GW of CSP projects. The coverage of the IRENA Renewable Cost Database is more or less complete for offshore wind and CSP, where the relatively small number of projects can be more easily tracked. The database for onshore wind and hydropower is representative from around 2007, with comprehensive data from around 2009 onwards. Gaps in some years for some countries that are in the top ten for deployment in a given year require recourse to secondary sources, however, in order to develop statistically representative averages. Data for solar PV at the utility-scale has only become available more recently and the database is representative from around 2011 onwards, and comprehensive from around 2013 onwards. 142

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