Even the most expensive and unsubsidized solar farms in the US are cheaper than any new fossil fuel plant, according to the latest LCOE figures from Lazard, while wind power in the current market can reach prices as low as $9 per MWh. As costs continue to fall, we’re getting closer to the point where it’s cheaper to build a new renewable plant, than it is to continue to operate an existing natural gas plant. The age of stranded assets is right around the corner – perhaps just three years away. This week, financial advisory and asset management firm Lazard published its annual review of the levelized cost of energy (LCOE) of power generation types, primarily addressing subsidized and unsubsidized…