3 ms·
These numbers don't take the cost of storage into account. It doesn't matter how many kilowatts you can produce at noon when you need them at midnight. Simply
by jcoffland 10y ago
These numbers don't take the cost of storage into account. It doesn't matter how many kilowatts you can produce at noon when you need them at midnight. Simply taking kilowatt hours produced and multiplying by the average market price is not a good estimate of the value produced by solar. Sure those numbers work now while solar is only providing a fraction of the total energy being consumed but if solar were to become the dominate energy source we would have to solve the storage problem and this will greatly increase production costs. Solar is still more expensive than the alternatives when considered at realistic scales.