March 31, 2019

How A Coal Power Plant Helped Idaho Reach 'World Record' Low Solar Price

https://www.forbes.com/sites/johnparnell/2019/03/30/how-a-coal-power-plant-helped-idaho-reach-world-record-low-solar-price/#8d9479972df5

Idaho Power recently contracted 120MW of solar power for a headline-grabbing “world record” low price of 2.175 cents per kWh of electricity.

That figure is astoundingly low, one of a number clustered around that price point. But a closer look at the project’s precise conditions suggests that perhaps the current holder of that particular title need not worry.

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Other projects laying claim to this particular “record low” price include Dubai’s most recent phase of the Mohammed bin Rashid Al Maktoum Solar Park at 2.4 cents per kWh and the 300MW Sakaka project in Saudi Arabia at 2.342 cents per kWh.

In the U.S., the Eagle Shadow Mountain Solar Farm is priced at 2.376 cents over the course of its 25-year power purchase agreement (PPA).

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