Renewable Energy Cost – Synergy Files http://synergyfiles.com Student's Portal for Renewable Energy and Sustainability information Mon, 23 Dec 2019 17:09:52 +0000 en-GB hourly 1 https://wordpress.org/?v=4.9.21 Biting the Energy Bullet: Cost of Renewable Energy http://synergyfiles.com/2014/04/cost-of-renewable-energy/ http://synergyfiles.com/2014/04/cost-of-renewable-energy/#respond Mon, 14 Apr 2014 14:42:07 +0000 http://haroonjunaidi.wordpress.com/?p=15   By observing the electricity prices around the world, it is found that Denmark, Germany and Spain come out to be the most expensive. Incidentally, their share of renewable energy in the energy mix is also among the highest (35.3 % for Denmark 15.2 % for Germany and 19.4% for Spain, courtesy WEC). Figure 1 depicts the electricity prices per Kwh for various countries (small island nations have been omitted from this survey to avoid anomalies). Could this mean that there is an intrinsic link between the price of electricity and the high share of renewables in the energy mix?

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