December 19, 2016
IT'LL NEVER FLY ORVILLE:
World Energy Hits a Turning Point: Solar That's Cheaper Than Wind : Emerging markets are leapfrogging the developed world thanks to cheap panels. (Tom Randall, December 15, 2016,Bloomberg)
A transformation is happening in global energy markets that's worth noting as 2016 comes to an end: Solar power, for the first time, is becoming the cheapest form of new electricity.This has happened in isolated projects in the past: an especially competitive auction in the Middle East, for example, resulting in record-cheap solar costs. But now unsubsidized solar is beginning to outcompete coal and natural gas on a larger scale, and notably, new solar projects in emerging markets are costing less to build than wind projects, according to fresh data from Bloomberg New Energy Finance.
It's even cheaper to make shower rings with your 3-D printer....
Posted by Orrin Judd at December 19, 2016 11:42 AM