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This quip is a common trope that has several problems with it and is years out of date. Please stop using it. First, oil-based energy doesn't compete with sola
by diafygi 7y ago
This quip is a common trope that has several problems with it and is years out of date. Please stop using it.
First, oil-based energy doesn't compete with solar to a large extent. That will change as EVs get more popular, but outside of islands like Hawaii, oil isn't used much for electricity generation (where solar competes).
Second, solar is already attractive for most new generation scenarios in many locations, including dispactchable situations where you also need storage. It's getting so cheap that it's starting to compete with existing generation.
http://ieefa.org/ieefa-u-s-solar-plus-storage-is-undermining-the-economics-of-existing-coal-fired-generation/ http://ieefa.org/ieefa-u-s-solar-plus-storage-is-undermining...