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Solar is now ‘cheapest electricity in history’ https://www.carbonbrief.org/solar-is-now-cheapest-electricity-in-history-confirms-iea https://www.carbonbrief.or
by SideburnsOfDoom 5y ago
Solar is now ‘cheapest electricity in history’
https://www.carbonbrief.org/solar-is-now-cheapest-electricity-in-history-confirms-iea https://www.carbonbrief.org/solar-is-now-cheapest-electricit...
New solar is now often cheaper than keeping a coal plant running
https://www.theguardian.com/environment/2021/jun/23/most-new-wind-solar-projects-cheaper-than-coal-report https://www.theguardian.com/environment/2021/jun/23/most-new...
And we should expect solar to get even cheaper.
- hcurtiss 5y agoWhen the sun is out. And when you’re blanketing literally 6 SQUARE MILES of beautiful Oregon ground[1] at a time with PV panels, it starts to look a lot less cheap. [1] https://www.oregon.gov/energy/facilities-safety/facilities/Pages/BSP.aspx https://www.oregon.gov/energy/facilities-safety/facilities/P...
- roenxi 5y agoActually you'll find the economies of scale probably help keep the costs down. Square miles of land are pretty common. Blanketing them with something useful is a good thing.
- hcurtiss 5y agoIf you had ever driven from Shaniko to Maupin in early June when the prairie lupine is blooming, I doubt you’d be so cavalier.
- horrified 5y agoCan you explain to me then why China is still building new coal based power plants? If solar is cheaper, why would anybody build something else?
- nabla9 5y agoBecause solar energy is not cheapest form of 24/7 energy source. Baseload is the minimum level of demand on an electrical grid over some timespan. Providing that baseload with solar or wind is not as cheap as hydro, coal, natural gas or nuclear.
- SideburnsOfDoom 5y agoInertia.
- PragmaticPulp 5y agoBecause solar only works when it’s sunny. The quoted prices for cheap solar energy don’t include storage. Solar plus storage is still expensive.
- nabla9 5y agoNot for a baseload needs.
- belorn 5y agoSolar is cheapest in a similar way that fish is the cheapest food on an island. If you only look at the days when catches are high then it is the cheapest method to produce food. If fish are your primary source of food, and every day you don't get enough you will have to eat expensive imported food, you food cost over the year can be quite high for a primary fishing nation. The fish will still be cheapest, but as a strategy it is somewhat expensive or carry a high risk of starvation. Nations will build as much solar/wind as there is peak demand, because it is the cheapest energy when it produce. Nation will also build coal, oil and gas power plants in order to be there when those solar and wind aren't producing. Economically that is the cheapest way to produce a stable energy grid. Environmentally it is far from the best. Falling solar and wind prices reinforces this model.
- chewz 5y agoAnd yet coal and natural gas prices reach multiyear highs due to unsatiated demand...