Tuesday Energy Blogging: Promising development in solar affordability

23 Nov 2009 09:59 pm
Posted by: Donna

From GreenTechMedia.

Report: Solar Electricity Cost Likely to Fall 50% in 2009

The big drop in solar panel prices this year has contributed to a significant decline in the cost of building and operating solar power plants this year, says New Energy Finance.

The cost of solar electricity is likely to drop by 50 percent in 2009 from the previous year due largely to a big fall in solar panel prices, said New Energy Finance Monday.

They rain on my happy sun parade here:

Without government incentives, solar electricity remains more expensive in general than power from coal and natural gas power plants, however. Government subsidies are meant to help bridge the difference the costs of installing and operating solar power plants and the similar costs for fossil fuel-based power, Chase said.

The levelized cost for electricity from fossil fuel power plants range between $55 and $105 per megawatt hour, depending on whether they include a price for carbon emissions, she added.

Nor do they include the cost of the wars in that place that’s sitting on our oil Iraq and site of a major oil and gas pipeline Afghanistan. Gee, who could be blocking the development of hydrogen, wind, and solar, while insisting that we must continue to finance troop deployment to the Middle East? Certainly not people who give a damn about saving money or liberating the U.S. and the rest of the developed world from dependence on fossil fuel.

1 Comment(s)

  1. Comment by Timmys Cat on November 24, 2009 8:47 am

    Certainly can’t upset our bestus buddies the Saudis. As you are most likely aware, they were here for us on 9/11.

    On hijacked passenger jets.

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