3 ms·
Something like 80% of Portugal's solar has been installed since 2018[1], when solar was on-par with if not cheaper than any other form of electricity generation
by conjecTech 3y ago
Something like 80% of Portugal's solar has been installed since 2018[1], when solar was on-par with if not cheaper than any other form of electricity generation. And that's from aggregate perspective, the economics are definitely better for Portugal. There were PPA being signed in similar geographies for 3c/kwh that year. I wouldn't be surprised if the defrayed cost from lower fossil fuel usage just since the start of war in Ukraine has fully offset the cost of the installation. I'm not sure why you think this has been so costly for average citizens.
[1] https://www.pv-tech.org/portugal-installs-more-solar-pv-in-2022-so-far-than-all-of-2021/ https://www.pv-tech.org/portugal-installs-more-solar-pv-in-2...