Tuesday, October 18, 2016

Utility-scale solar power is now cheaper than new coal and nuclear power plants.

The lowest wholesale solar price bid from a solar project developer (unsubsidized) is 2.42¢/kWh. That’s cheaper than what new natural gas, coal, or nuclear power can provide practically anywhere in the world.

Even excluding that record-low bid, and not taking into account the large social costs of coal and natural gas electricity, utility-scale solar power is cheaper than new coal, nuclear, natural gas peaking, and IGCC power plants. It is comparable to combined cycle natural gas power plants, but again, that is without taking into account the social costs of pollution from extracting and burning natural gas.

http://cleantechnica.com/2016/08/17/10-solar-energy-facts-charts-everyone-know/




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