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December 6, 2017

The annual study of levelized costs of electricity (LCOE) from Lazard Limited. provides further confirmation of how far and how fast the Electric Power business is changing.

Notably, costs have continued to decline for utility-scale renewable energy over the last year. Costs also fell for combined-cycle gas generation. The cost to generate electricity from coal is the same as it was last year, but nuclear's LCOE has risen sharply. Electricity storage costs also are coming down, although t...

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