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Tipping Points for Solar Energy

15 Thursday Dec 2016

Posted by danesposito in energy, Solar-Popular Press, Uncategorized

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coal, energy economics, natural gas, photovoltaics, renewable energy, tipping point, wind

Below is a recent article in Bloomberg that has a bunch of good facts about the state of solar energy. Among them:…..

-“The world …. is adding more capacity for clean energy [solar & wind] each year than for coal and natural gas combined”

-“it’s likely that the total amount of solar photovoltaics added globally [in 2016] will exceed that of wind for the first time”

-“Half the price of coal”- It is noted that a record deal on a PV plant in Chile signed in August of this year came in at $29 /MW-hr – “roughly half the price of competing coal power “.

Here’s the link to the full article: https://www.bloomberg.com/news/articles/2016-12-15/world-energy-hits-a-turning-point-solar-that-s-cheaper-than-wind

World Energy Hits a Turning Point: Solar That’s Cheaper Than Wind

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