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)
Comments
Harshal Barot
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
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
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.