Cheap Renewables To Undermine Coal In Japan

Carbon Tracker Initiative, Tokyo University & CDP: Challenged By Cheaper Solar PV & Wind Power Japan Could Be Staring At $71 Billion In Stranded Coal Power Assets If Not Retired On Time

The Carbon Tracker Initiative report sees LCOEs of offshore wind, utility-scale solar PV and onshore wind becoming cheaper than the LCOE of coal by 2022, 2023 and 2025 respectively, independent of an additional carbon price or more stringent air pollution regulations.

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