Nice Bloomberg article here. Renewable of Wind and Solar are now cheaper than coal, oil, gas, nuclear. No big need for subsidies to make them competitive. But, there’s also no need, quite the contrary given the externality costs, for subsidizing fossil fuels! Nice article with great graphics show the fall in price for wind and solar.
By now you probably knew it was happening, but you probably didn’t realize how much and how fast. If you figure subsidies, Solar and Wind are a slam-dunk powerful option. Wind prices have been dropping fast and solar has been dripping like lead… Solar prices have dropped about 86% over the last 8 years. Check out the latest 2018 report by Lazard. Note that they also analyze renewables with storage (batteries). The Solar incentives make the…
You may already have a backup generator for the house. In fact, you may have the backup generator with you just about everywhere you go. Plus, it might be totally quiet, for hours. Yep, we are talking about your hybrid gas-electric vehicle. Hybrids have been selling like crazy on the farms because they can easily be used to generate 120-volt electricity to run hand tools and generally provide backup power. Most newer vehicles offer a…
What just happened in solar is a bigger deal than oil exports: Interesting how the BIG move in solar/wind in the USA is so tied to subsidies. At least for the next 5 years. But, soon, especially with the volume of growth encouraged by the subsidies, there will no longer be a need for subsidies. The really big loser all around is (dirty) coal. Once the health and environmental costs of coal are factored in,…
Wind And Solar Will Soon Become The ‘Least-Cost Option’ – Yahoo Finance: It is interesting how quickly the prices of wind and solar have been dropping and are expected to continue. Obviously, these must be only a part of the solution, unless batteries get to be a whole lot better, a whole lot faster. (Maybe?). The wind doesn’t always blow, and the sun doesn’t always shine. One savings for solar, is that it doesn’t need…
First Solar Achieves World Record 18.6 % Thin Film Module Conversion Efficiency | Business Wire: Wow. The technology is really moving up. FirstSolar’s thin film is really working its way up. That means you can produce more power with a smaller foot print. Or produce much more power with a bigger footprint. Very cool to see solar gaining on wind (and, of course, non-renewable sources of power). ‘via Blog this’
