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The cost of solar technology is dropping at an exponential rate [0] [1]. I've heard (and I believe) that solar has undercut coal (and maybe gas?) [2] by at leas
by abetusk 4y ago
The cost of solar technology is dropping at an exponential rate [0] [1]. I've heard (and I believe) that solar has undercut coal (and maybe gas?) [2] by at least a year ago, if not more.
In the US, and I imagine Canada and other European nations, we talk about putting solar on an individual house scale and, at best, earning 'credits' to give back to the grid if we have a surplus. Often times there are locations that can't push more energy into the grid from solar because the local grid can't support it.
Nations without this historical infrastructure don't need to be limited by the infrastructure created to support coal and gas plants as a distant and centralized building. They can build solar power plants next to cities or towns and potentially build a decentralized grid. This is analogous to cell phone service vs. land line service. Without the legacy infrastructure, cell phone adoption is much quicker and easier.
Battery technology is also seeing an exponential drop in price [3].
[0] https://en.wikipedia.org/wiki/Swanson%27s_law https://en.wikipedia.org/wiki/Swanson%27s_law
[1] https://en.wikipedia.org/wiki/Experience_curve_effects https://en.wikipedia.org/wiki/Experience_curve_effects
[2] 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...
[3] https://ourworldindata.org/battery-price-decline https://ourworldindata.org/battery-price-decline
- frumper 4y agoCalifornia has a net metering plan that has only gotten worse over time. We're on the verge of enacting NEM 3.0 which will make just having solar have a much higher monthly connection fee, but also will reduce even further the amount of credit you get for sending power to the grid.
- abetusk 4y agoAre there any disincentives in creating a solar system that's completely separate/disconnected from the power grid?
- frumper 4y agoOff the top of my head, sure. I'd imagine it would be harder to resell an off-grid home in suburban California, I'd certainly be hesitant to buy a home like that. Any issues could cause outages until you get it fixed, which may or may not be as quick as you'd like. Battery-backed PV systems are more expensive. More energy management would be required of the user, it's not as simple as never really worrying about whether you have power. None of those prevent most people from being able to go off grid, but they would be disincentives.