New information on the economics of solar power was provided in the Guardian on June 21st. According to Ernest and Young, "Solar energy will soon make commercial sense as panel costs plummet". Based on broker reports and industry analysis, E and Y forecasts that the price per unit of generating capacity by 2013 will be close to 1$ compared with 2$ in 2009. So large scale solar projects could be commercially competitive without government support within a decade. This forecast is good news for those of us who believe that there is a better option for producing renewable energy than the controversial, inefficient, unreliable, damaging onshore windfarms!
No comments:
Post a Comment