- cross-posted to:
- green
- cross-posted to:
- green
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.
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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.
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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.
