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There's a nice interview with the CEO of the solar company on this deal, First Solar, here: http://reneweconomy.com.au/2012/interview-first-solar-ceo-james-hug
by surrealize 14y ago
There's a nice interview with the CEO of the solar company on this deal, First Solar, here:
http://reneweconomy.com.au/2012/interview-first-solar-ceo-james-hughes-72086 http://reneweconomy.com.au/2012/interview-first-solar-ceo-ja...
one of the fun bits from the interview:
You will see people comment that the problem with solar is that you only have a 25 per cent capacity factor. And as a former utility guy, my response to that is when you have a demand curve that looks like a sine wave, something in the system has to have a capacity factor of 25 per cent. You don’t have square blocks of usage. So the question is not whether you have a 25 per cent capacity factor, it’s who can deliver the most cost-effective energy at a 25 per cent capacity factor. And when you look at it on that basis, even at relatively low natural gas prices we are competitive in peak portion of the curve.