100 Percent Renewable Electricity System is the Cheapest Option for South America

Lappeenranta, South Africa - Transitioning to a fully renewable electricity system is possible for South America by 2030. A study by Lappeenranta University of Technology (LUT) and VTT Technical Research Centre of Finland Ltd. also shows that a 100 percent renewable system (100% RE) is the cheapest electricity production option and can be achieved with very few energy storages.

Source: IWR Online, 07 Dec 2016