US EditionSolar’s Cheaper Than Gas to Help Power AI, Lazard Says
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Solar’s Cheaper Than Gas to Help Power AI, Lazard Says
(Bloomberg) — Solar remains the cheapest and fastest source of electricity for US grids, even as artificial intelligence drives an unexpected surge in power demand, according to an analysis by Lazard Inc. Deploying utility-scale solar costs around $38 to $78 a megawatt-hour, versus $107 for the most efficient type of natural gas plant, said George Bilicic, global head of power, energy and infrastructure at Lazard. What’s more: solar’s lower pri…
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