In the same period of time the amount of solar has gone up by a factor of 8, and is now even driving down the wholesale price of electricity, as other generators (such as coal) are forced to drop their prices to compete.
Monday, April 02, 2012
Germany Makes Solar Cheaper
I've mentioned before how Germany really gets behind solar, despite their lack of sunshine compared to other countries (like mine). Today, i looked at some stats that showed the price of solar reducing by 60% in 5 years (2006 to 2011).
In the same period of time the amount of solar has gone up by a factor of 8, and is now even driving down the wholesale price of electricity, as other generators (such as coal) are forced to drop their prices to compete.
In the same period of time the amount of solar has gone up by a factor of 8, and is now even driving down the wholesale price of electricity, as other generators (such as coal) are forced to drop their prices to compete.
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3 comments:
here is a link to a similar graph in Australia http://localpower.net.au/images/UnsubsidisedCostPerWatt-BG7.5.JPG
Thanks for that Rob. I think i'll show that in my next piece, if that's ok.
sure. you would be welcome to do so.
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