While You Were Getting Worked Up Over Oil Prices, This Just Happened to Solar: After years of struggling against cheap natural gas prices and variable...

Motilal Oswal

While You Were Getting Worked Up Over Oil Prices, This Just Happened to Solar: After years of struggling against cheap natural gas prices and variable subsidies, solar electricity is on track to be as cheap or cheaper than average electricity-bill prices in 47 U.S. states -- in 2016 (VIEW LINK)

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Harshal Barot View Profile

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Motilal Oswal

Analyst, track Crude oil and Gold

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Harshal Barot

31st Oct, 14

Yes James....and its a pretty encouraging signal for countries like India where power deficit is such a big thing. Hope the technology can be scaled up fast enough to help emerging economies get the benefit of lower costs.

James Marlay

31st Oct, 14

Great article Harshal, love this qupte - The reason solar-power generation will increasingly dominate: it's a technology, not a fuel. As such, efficiency increases and prices fall as time goes on. The price of Earth's limited fossil fuels tends to go the other direction.

James Marlay

31st Oct, 14

Great article Harshal, love this quote - The reason solar-power generation will increasingly dominate: it's a technology, not a fuel. As such, efficiency increases and prices fall as time goes on. The price of Earth's limited fossil fuels tends to go the other direction.

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While You Were Getting Worked Up Over Oil Prices, This Just Happened to Solar: After years of struggling against cheap natural gas prices and variable...

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While You Were Getting Worked Up Over Oil Prices, This Just Happened to Solar: After years of struggling against cheap natural gas prices and variable...

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