Solar Power Is Now The World's Cheapest Energy

[ScienceRocks]

Solar Power Is Now The World's Cheapest Energy

Quote

Over the past six years, the cost of solar energy has dropped dramatically, to the point where it is now even cheaper than wind power in emerging markets like China and India. This may be largely due to rising investments in solar over the last few years. Now, there is electricity being produced in Chile for $29.10 per megawatt hour–half the price of power produced by coal.
"Renewables are robustly entering the era of undercutting" energy made by fossil fuels, Bloomberg New Energy Finance chairman Michael Liebreich wrote this week.

This is great news for developing nations, which do not generally have the kind of infrastructure that developed countries have dedicated to fossil fuels already in place. As they build their energy infrastructure, it will make sense to go with cheaper, renewable options, more so than it does for a country like the United States to abandon our formidable fossil-fuel based infrastructure.

hahaha, lol'd

 

[the_human_being]

Solar Power Is Now The World's Cheapest Energy

Quote

Over the past six years, the cost of solar energy has dropped dramatically, to the point where it is now even cheaper than wind power in emerging markets like China and India. This may be largely due to rising investments in solar over the last few years. Now, there is electricity being produced in Chile for $29.10 per megawatt hour–half the price of power produced by coal.
"Renewables are robustly entering the era of undercutting" energy made by fossil fuels, Bloomberg New Energy Finance chairman Michael Liebreich wrote this week.

This is great news for developing nations, which do not generally have the kind of infrastructure that developed countries have dedicated to fossil fuels already in place. As they build their energy infrastructure, it will make sense to go with cheaper, renewable options, more so than it does for a country like the United States to abandon our formidable fossil-fuel based infrastructure.

hahaha, lol'd

Too bad it won't move a freight train down the tracks, an eighteen wheeler down the interstate, or lift Air Force One off the tarmac.

 

[flacaltenn]

Solar Power Is Now The World's Cheapest Energy

Quote

Over the past six years, the cost of solar energy has dropped dramatically, to the point where it is now even cheaper than wind power in emerging markets like China and India. This may be largely due to rising investments in solar over the last few years. Now, there is electricity being produced in Chile for $29.10 per megawatt hour–half the price of power produced by coal.
"Renewables are robustly entering the era of undercutting" energy made by fossil fuels, Bloomberg New Energy Finance chairman Michael Liebreich wrote this week.

This is great news for developing nations, which do not generally have the kind of infrastructure that developed countries have dedicated to fossil fuels already in place. As they build their energy infrastructure, it will make sense to go with cheaper, renewable options, more so than it does for a country like the United States to abandon our formidable fossil-fuel based infrastructure.

hahaha, lol'd

Too bad it won't move a freight train down the tracks, an eighteen wheeler down the interstate, or lift Air Force One off the tarmac.

Or power most of Tennessee for the past 5 days..

There's always some bookkeeping and accounting shananigans with propaganda like this. Don't take into account the cost of the land because it belongs to the Govt in most of those countries. It doesn't count "investments", which is govt money to subsidize it. Doesn't count the cost of idling the REAL power generators when the sun actually shines.

But OK -- costs are coming down. Because the MARKET won't bear the actual pricing. That's good. If it SOLVES anything..

 

[irosie91]

Solar Power Is Now The World's Cheapest Energy

Quote

Over the past six years, the cost of solar energy has dropped dramatically, to the point where it is now even cheaper than wind power in emerging markets like China and India. This may be largely due to rising investments in solar over the last few years. Now, there is electricity being produced in Chile for $29.10 per megawatt hour–half the price of power produced by coal.
"Renewables are robustly entering the era of undercutting" energy made by fossil fuels, Bloomberg New Energy Finance chairman Michael Liebreich wrote this week.

This is great news for developing nations, which do not generally have the kind of infrastructure that developed countries have dedicated to fossil fuels already in place. As they build their energy infrastructure, it will make sense to go with cheaper, renewable options, more so than it does for a country like the United States to abandon our formidable fossil-fuel based infrastructure.

hahaha, lol'd

good------the sun may need a lawyer-----thanks Matt----your best post thus far----stick to popular science------your attempts at political comment have been----uhm---
------less than stellar (sheeeeesh STELLAR------STAR POWER)

 

[polarbear]

Solar Power Is Now The World's Cheapest Energy

Quote

Over the past six years, the cost of solar energy has dropped dramatically, to the point where it is now even cheaper than wind power in emerging markets like China and India. This may be largely due to rising investments in solar over the last few years. Now, there is electricity being produced in Chile for $29.10 per megawatt hour–half the price of power produced by coal.
"Renewables are robustly entering the era of undercutting" energy made by fossil fuels, Bloomberg New Energy Finance chairman Michael Liebreich wrote this week.

This is great news for developing nations, which do not generally have the kind of infrastructure that developed countries have dedicated to fossil fuels already in place. As they build their energy infrastructure, it will make sense to go with cheaper, renewable options, more so than it does for a country like the United States to abandon our formidable fossil-fuel based infrastructure.

hahaha, lol'd

Hahaha is right...Let`s see that bozo article has Chile produce 1 Mega watt hour for just $ 29.10
And you quoted it without noticing something fishy...like the fact that 1 mega watt hour are 1000 Kilo watt hours. Electricity prices are quoted by Kwhrs not Mwhrs and according to your article that goes for $ 0.029 per Kwhr in Chile and = 1/2 of the cost or $0.0582 when produced by coal.
Lets see now :
LMGTFY

Wow that`s unbelieeeeeevable
I thought they are already starting to flag fake news..

That`s even way less than what we pay in Canada where we have a huge surplus of cheap hydro electric power
Average electricity prices around the world: $/kWh | OVO Energy

Btw notice where Germany is after that cow Andrea Merkel switched to solar and wind ?
That`s where you guys were heading if Trump would have lost !!!

 

[irosie91]

you lost me--------all I know is I - V/R and I am not at all sure why-----but it got me thru physics 101. I have never CREATED a circuit-------electricity frightens me

 

[polarbear]

I know what you mean been there & done it with HVAC in power plants. It can get scary alright


I wonder why the FBI & other agencies worry about Russian power grid hacking...I would be more concerned about some ISIS inspired asshole to lob a bundle of fence wire into a HVAC transformer station

That can cause a lot more damage than a home brew explosives pipe bomb

 

[Old Rocks]

Solar Power Is Now The World's Cheapest Energy

Quote

Over the past six years, the cost of solar energy has dropped dramatically, to the point where it is now even cheaper than wind power in emerging markets like China and India. This may be largely due to rising investments in solar over the last few years. Now, there is electricity being produced in Chile for $29.10 per megawatt hour–half the price of power produced by coal.
"Renewables are robustly entering the era of undercutting" energy made by fossil fuels, Bloomberg New Energy Finance chairman Michael Liebreich wrote this week.

This is great news for developing nations, which do not generally have the kind of infrastructure that developed countries have dedicated to fossil fuels already in place. As they build their energy infrastructure, it will make sense to go with cheaper, renewable options, more so than it does for a country like the United States to abandon our formidable fossil-fuel based infrastructure.

hahaha, lol'd

Too bad it won't move a freight train down the tracks, an eighteen wheeler down the interstate, or lift Air Force One off the tarmac.

Too bad that you are unable to see where this is going.

Smith Electric Vehicles

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AFFORDABLE AND DURABLE ALL-ELECTRIC TRUCKS ARE AVAILABLE TODAY WORLDWIDE

 

[Old Rocks]

Daimler Trucks is presenting the Mercedes-Benz Urban eTruck in Stuttgart, as the first fully electric truck with an admissible total weight of up to 26 tonnes.
Mercedes-Benz: First fully electric truck

Of course, this will go head to head with the EV truck that Tesla will build.

 

[Correll]

Solar Power Is Now The World's Cheapest Energy

Quote

Over the past six years, the cost of solar energy has dropped dramatically, to the point where it is now even cheaper than wind power in emerging markets like China and India. This may be largely due to rising investments in solar over the last few years. Now, there is electricity being produced in Chile for $29.10 per megawatt hour–half the price of power produced by coal.
"Renewables are robustly entering the era of undercutting" energy made by fossil fuels, Bloomberg New Energy Finance chairman Michael Liebreich wrote this week.

This is great news for developing nations, which do not generally have the kind of infrastructure that developed countries have dedicated to fossil fuels already in place. As they build their energy infrastructure, it will make sense to go with cheaper, renewable options, more so than it does for a country like the United States to abandon our formidable fossil-fuel based infrastructure.

hahaha, lol'd

So, no more need for market interventions then. It will naturally dominate from here on.

Cool.

 

[the_human_being]

Solar Power Is Now The World's Cheapest Energy

Quote

Over the past six years, the cost of solar energy has dropped dramatically, to the point where it is now even cheaper than wind power in emerging markets like China and India. This may be largely due to rising investments in solar over the last few years. Now, there is electricity being produced in Chile for $29.10 per megawatt hour–half the price of power produced by coal.
"Renewables are robustly entering the era of undercutting" energy made by fossil fuels, Bloomberg New Energy Finance chairman Michael Liebreich wrote this week.

This is great news for developing nations, which do not generally have the kind of infrastructure that developed countries have dedicated to fossil fuels already in place. As they build their energy infrastructure, it will make sense to go with cheaper, renewable options, more so than it does for a country like the United States to abandon our formidable fossil-fuel based infrastructure.

hahaha, lol'd

Too bad it won't move a freight train down the tracks, an eighteen wheeler down the interstate, or lift Air Force One off the tarmac.

Too bad that you are unable to see where this is going.

Smith Electric Vehicles

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Smith Electric keeps on truckin’

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AFFORDABLE AND DURABLE ALL-ELECTRIC TRUCKS ARE AVAILABLE TODAY WORLDWIDE

So where do they get a recharge of electricity from? I don't see any huge solar cells anywhere that is recharging them every couple of hours.

 

[the_human_being]

Daimler Trucks is presenting the Mercedes-Benz Urban eTruck in Stuttgart, as the first fully electric truck with an admissible total weight of up to 26 tonnes.
Mercedes-Benz: First fully electric truck

Of course, this will go head to head with the EV truck that Tesla will build.

Powered by electricity derived from fossil fuel fired power plants.

 

[the_human_being]

Solar Power Is Now The World's Cheapest Energy

Quote

Over the past six years, the cost of solar energy has dropped dramatically, to the point where it is now even cheaper than wind power in emerging markets like China and India. This may be largely due to rising investments in solar over the last few years. Now, there is electricity being produced in Chile for $29.10 per megawatt hour–half the price of power produced by coal.
"Renewables are robustly entering the era of undercutting" energy made by fossil fuels, Bloomberg New Energy Finance chairman Michael Liebreich wrote this week.

This is great news for developing nations, which do not generally have the kind of infrastructure that developed countries have dedicated to fossil fuels already in place. As they build their energy infrastructure, it will make sense to go with cheaper, renewable options, more so than it does for a country like the United States to abandon our formidable fossil-fuel based infrastructure.

hahaha, lol'd

Too bad it won't move a freight train down the tracks, an eighteen wheeler down the interstate, or lift Air Force One off the tarmac.

Too bad that you are unable to see where this is going.

Smith Electric Vehicles

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Electric trucks set to power up in Brisbane as diesel becomes costly

Smith Electric looks to plug into future with Melbourne assembly plant

Smith Electric keeps on truckin’

View all
AFFORDABLE AND DURABLE ALL-ELECTRIC TRUCKS ARE AVAILABLE TODAY WORLDWIDE

Actually, it's not going very far without a recharge from the electrical grid powered by a fossil fuel power plant.

 

[Manonthestreet]

Exactly build something that is better and people will buy it.
Mandates short circuit innovation.

 

[Old Rocks]

Solar Power Is Now The World's Cheapest Energy

Quote

Over the past six years, the cost of solar energy has dropped dramatically, to the point where it is now even cheaper than wind power in emerging markets like China and India. This may be largely due to rising investments in solar over the last few years. Now, there is electricity being produced in Chile for $29.10 per megawatt hour–half the price of power produced by coal.
"Renewables are robustly entering the era of undercutting" energy made by fossil fuels, Bloomberg New Energy Finance chairman Michael Liebreich wrote this week.

This is great news for developing nations, which do not generally have the kind of infrastructure that developed countries have dedicated to fossil fuels already in place. As they build their energy infrastructure, it will make sense to go with cheaper, renewable options, more so than it does for a country like the United States to abandon our formidable fossil-fuel based infrastructure.

hahaha, lol'd

So, no more need for market interventions then. It will naturally dominate from here on.

Cool.

And we can also drop the market interventions for fossil fuels and nuclear, right? Let the utilities handle the cost of insurance for the nukes, correct?

 

[Old Rocks]

You think that we are incapable of getting our total power needs from just renewables and existing nuclear. Well, you are wrong.,

 

[Correll]

You think that we are incapable of getting our total power needs from just renewables and existing nuclear. Well, you are wrong.,

Sure we can. All we have to do is vastly reduce our standard of living.

 

[Manonthestreet]

You think that we are incapable of getting our total power needs from just renewables and existing nuclear. Well, you are wrong.,

Yeah let's cover half the country in windmills and solar panels.... Brilliant

 

[polarbear]

Daimler Trucks is presenting the Mercedes-Benz Urban eTruck in Stuttgart, as the first fully electric truck with an admissible total weight of up to 26 tonnes.
Mercedes-Benz: First fully electric truck

Of course, this will go head to head with the EV truck that Tesla will build.

That won`t work here...especially if "here" is in Canada or Alaska.
I would like to see that pull what we have to haul up here...140 000 lbs Super B trains up and down steep& icy "roads" which are roads only in the academic sense...
unless all these communities (mostly native American) are supposed to starve and freeze in the dark.
On Daimler's web page they say it`s only intended for city delivery and has a maximum range of only 200 km. Any so called "day-cab" truck in a typical US metro logs way more than that per day. On the CDFA statistics page they say that over a third of the country’s vegetables and two-thirds of the country’s fruits and nuts are grown in California.
So how would you supply the US north east region with fresh fruit if all you got is electric toy trucks

 

[Old Rocks]

And how many urban trucks are there to cross country haulers? We have trucks delivering slabs to us that probably never do more than 40 miles a day. Already, we have a Frito Lay Smith electric delivering to stores in Portland.

Cross country is just about two doublings in power away. I would expect that to happen before 2027.