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Yes, all solar installations are not cheaper than all coal installations. But conversely, all coal is not cheaper than all solar! That applies globally and in
by Osiris30 11y ago
Yes, all solar installations are not cheaper than all coal installations.
But conversely, all coal is not cheaper than all solar!
That applies globally and in India.
The point is that solar costs are declining every year, by 10% p.a. In many sunny places it is already at parity or below (eg Arizona, Mexico, Rajasthan and Gujarat in India, Mexico). We have already seen several bids this year at US¢ 3/Kwh ($30/MWh). $20/MWh is in sight - that would be well under the cheapest coal.
This link is useful summary http://cleantechnica.com/2016/04/15/why-energy-experts-are-still-shocked-by-the-rise-of-solar-the-fall-in-costs/ http://cleantechnica.com/2016/04/15/why-energy-experts-are-s...
(And none of this accounts for the massive unpriced carbon + health externality of coal plants).
Coal is staying at best flat + whatever the fuel cost.
- parimm 11y ago> US¢ 3/Kwh ($30/MWh). $30/MWh seems to be very very cheap. That is half the price of the lowest bid in India. Is there a source for that number?
- Osiris30 11y agoDubai Nov 2014 - $58.40 per MWHr. See [1] Austin July 2015 - $57.10 per MWh. See [2] Nevada July 2015 - $38.7 per MWh. See [3] Mexico April 2016 - $35.44 per MWh. See [4] [1] http://cleantechnica.com/2014/11/29/dubai-shatters-solar-tariff-records-worldwide-lowest-ever/ http://cleantechnica.com/2014/11/29/dubai-shatters-solar-tar... [2] http://cleantechnica.com/2015/07/02/worlds-cheapest-solar-power-lands-in-austin-texas-under-4%C2%A2kwh-sort-of/ http://cleantechnica.com/2015/07/02/worlds-cheapest-solar-po... [3] http://www.pv-magazine.com/news/details/beitrag/buffett-strikes-cheapest-electricity-price-in-us-with-nevada-solar-farm_100020120/#axzz46HDeOcQs http://www.pv-magazine.com/news/details/beitrag/buffett-stri... [4] http://www.greentechmedia.com/articles/read/Solar-Stuns-in-Mexicos-First-Clean-Energy-Auction-1860-MW-Won-at-50.7-P http://www.greentechmedia.com/articles/read/Solar-Stuns-in-M...