[a] watt of [solar] power now costs around $1.40 to produce compared with $2 or more in the 1990s.
Of course, solar power represents just 0.375 percent of all installed power generation worldwide and there's the little problem of producing electricity at night. Plus, installing the solar panels can more than triple that cost per watt to more than $4.
Of course, solar power represents just 0.375 percent of all installed power generation worldwide and there's the little problem of producing electricity at night. Plus, installing the solar panels can more than triple that cost per watt to more than $4.
High taxes on fossil fuels is probably the only way to make solar competitive, but unfortunately, this approach will not improve productivity. Investment in conservation seems to be the most effective way to address energy-related problems.
No comments:
Post a Comment