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posted by
martyb
on Sunday May 24 2015, @08:12PM
from the price-of-sunlight-and-wind-is-pretty-constant dept.
from the price-of-sunlight-and-wind-is-pretty-constant dept.
Over the last 5 years, the price of new wind power in the US has dropped 58% and the price of new solar power has dropped 78%. Utility-scale solar in the West and Southwest is now at times cheaper than new natural gas plants. Even after removing the federal solar Investment Tax Credit of 30%, a recent New Mexico solar deal is priced at 6 cents / kwh. By contrast, new natural gas electricity plants have costs between 6.4 to 9 cents per kwh, according to the EIA.
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Renewables are Disruptive to Coal and Gas
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(Score: 4, Informative) by Gravis on Sunday May 24 2015, @11:08PM
this isn't surprising really. mass production is a good way to reduce cost and solar power is just using free power that showers down from the sky every single day without exception. so why are we subsidising oil and coal? seems like we are bending over backwards just to pollute the environment.
(Score: 2) by kaszz on Monday May 25 2015, @12:01AM
Renewable only need to get an economical and sustainable solution to storage. And then it will really make serious dent in competing finite or polluting sources of energy.