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as of about 2018, solar is cheaper than coal. natural gas is only cheaper because it's a byproduct of oil production. solar is still dropping in price due to te
by jes5199 6y ago
as of about 2018, solar is cheaper than coal. natural gas is only cheaper because it's a byproduct of oil production. solar is still dropping in price due to technology improvements, and will beat natural gas within the next year or two.
Coal mines have been shuttering - there's a feedback loop here, low demand will reduce the supply, low supply increases the cost, high cost reduces the demand.
- marcusverus 6y agoIs solar cheaper than coal when excluding subsidies and including storage?
- jes5199 6y agoyes, excluding subsidies. Excluding storage - not yet, or at least, not everywhere. But the cost of storage is falling rapidly, too.