6 cents Kw/hr for Solar - Coal Can't Compete

  1. 10,776 Posts.
    Amazing figures for renewable energy!
    How does dirty brown coal compare with that, without it's subsidies? Double the price?

    "The year started with Recurrent Energy signing up a deal to sell solar electricity for 5 cents/kWh in Austin, Texas, without any support from the state. Even after accounting for the federal tax credit, the actual price would have been just about 7 cents/kWh. Later this year, in just a few weeks from each other, India and then Brazil announced low-cost solar power — within a band of 8–10.3 cents/kWh. This was without any subsidy whatsoever.
    It’s hardly been a month since the previous announcements, so how much south would you think the solar prices would go? Well, the exact number is 5.98 cents/kWh, and the venue for this magic is Dubai. Without any “government support.”"

    http://reneweconomy.com.au/2014/dubai-shatters-solar-price-records-lowest-ever-54972
 
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