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>With fields of over 1,000 of these devices, utilities would produce electricity at less than 5 cents per kilowatt-hour. That is even cheaper than today’s least
by crdoconnor 12y ago
>With fields of over 1,000 of these devices, utilities would produce electricity at less than 5 cents per kilowatt-hour. That is even cheaper than today’s least expensive option: a new natural gas plant.
Ummm...
https://www.greentechmedia.com/articles/read/xcel-energy-buys-utility-scale-solar-for-less-than-natural-gas https://www.greentechmedia.com/articles/read/xcel-energy-buy...
Natural Gas is ALSO in the midst of an unsustainable boom built with insane levels of debt: http://www.bloomberg.com/news/2014-04-30/shale-drillers-feast-on-junk-debt-to-say-on-treadmill.html http://www.bloomberg.com/news/2014-04-30/shale-drillers-feas...
Anybody who thinks natural gas is going to stay cheap forever, or even for more than a couple of years is kidding themselves. It's an awful long term investment even if you don't account for the environmental damage.