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Renewables are Disruptive to Coal and Gas

posted by martyb on Sunday May 24 2015, @08:12PM   Printer-friendly
from the price-of-sunlight-and-wind-is-pretty-constant dept.

An Anonymous Coward writes:

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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  • (Score: 2) by kaszz on Monday May 25 2015, @12:30AM

    by kaszz (4211) on Monday May 25 2015, @12:30AM (#187427) Journal

    I re-read it. Sure if they can beat the price point. Finites as fuel will decline. An interesting technology change that will drive economics!
    Seems this technology has changed quickly.

    Then it's th question if the environmental cost is workable. And if there's enough raw material to supply the demand.

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