Lazard says renewables still offer the cheapest new-build power in the US despite rising costs

PV Tech reports that Lazard continues to rank renewables as the cheapest new energy generation option in the US. The important detail is not just the low cost position, but that this remains true while overall power-sector costs are rising. For solar and storage investors, that supports the view that procurement risk and grid access may matter more than the underlying competitiveness of the technology.