Some people have asked when the prices will stop falling. Their understanding is that the decline in price really is unpredictable, and they believe that no definitive answer can be made about what source of energy will be least expensive in the future. In some important ways, they are wrong. The declines are predictable, to a degree.
The natural gas industry is growing seemingly by leaps and bounds, and yet a number of people believe it is clear that something is very wrong with it.
This article first appeared on RenewEconomy by Sophie Vorrath Wind energy is now cost competitive with new-build coal capacity in India, and solar is likely to follow suit sometime between 2016-18, according to a report by HSBC. The report on India Renewables, Good bye winter, hello spring, published on April 30, … [continued]
Within a decade, 300,000 megawatts of unsubsidized local solar power could compete with utility electricity prices in almost every state, enough clean energy to produce 10% of U.S. electricity. Grid parity is building like a relentless wave, but how much solar is at parity today? In 2016? In 2020? On homes or businesses? With incentives … [continued]
Within a decade, more than 35 million buildings may be generating their own solar electricity (without subsidies) at prices lower than their utility offers, sufficient to power almost 10% of the country. That’s the powerful headline from the Institute for Local Self-Reliance’s latest report, Commercial Rooftop Revolution. Despite the … [continued]
