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by ghshephard
4063 days ago
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The fact that writers are actually having to drill down and do the math and see if Solar Power is less expensive in areas where power is cheap and available is mind blowing to me. I find it fascinating, that, by 2017, there will be areas in Hawaii and Australia, in which you can make an argument that Solar Power is now less expensive that grid power. What these authors seem to fail to recognize (or highlight) in their criticism - is that these lines are being crossed 10-15 years ahead of time. Nobody expected parity on these edge cases until at least 2025-2030, and we're going to see it in 2016. And, what they also seem to fail to recognize, is that the curves for solar are going down. This is just the start. |
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"Deutsche Bank actually predicts that all 50 US states will be at grid parity by 2016 — that’s next year. (Note that it takes several years to build coal, natural gas, or nuclear power plants.)
Deutsche Bank also predicts that ~80% of the global electricity market will be at grid parity by 2017. This is why solar power is scaring coal companies, natural gas companies, and utilities so much, and why you see so many anti-solar myths out there being repeated over and over again… despite being several years out of date."