- cross-posted to:
- green@lemmy.ml
- cross-posted to:
- green@lemmy.ml
Natural gas’s dominance as power-plant fuel in the US is fading fast as the cost of electricity generated by wind farms and solar projects tumbles, according to Guggenheim Securities.
Utility-scale solar is now about a third cheaper than gas-fired power, while onshore wind is about 44% less expensive, Guggenheim analysts led by Shahriar Pourreza said Monday in a note to clients.
You must log in or register to comment.
That’s incredible. I hadn’t been paying attention to the cost of solar in the last few years because I live in a community with an HOA that doesn’t allow solar panels. Smh.
maybe time to start bugging the HOA board
Yup a few of us have requested it be added to the agenda of the next meeting. I fucking hate HOAs.
Rooftops without solar panels are an eyesore.
I wrote a long and detailed reply to you… and then realised you said “without”.
I 100% agree with you!
Completely agree. A scorched earth from climate change is more of an eyesore than solar panels on rooftops but okay HOA.
deleted by creator
Oh this is excellent news, since the profit monkeys might start seeing dollars and we finalky start mass migrating to solar power.
I think we’re soon going to get to the point when anything other than solar/wind gets rejected on the financial basis, except cases not covered by solar/wind (still need some baseload).
As solar gets cheaper, even baseload/heating should be viable - there are many energy storage methods that are ‘inefficient’ but scale better than li-ion - thermal storage, various ‘heavy’ battery chemistries, even making hydrogen or synfuels - you can have 50% energy loss if it costs 50% of the alternatives and you’d be unable to use it on peak sunlight anyway.
