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ferronium

1,306 Posts.

08/12/14

12:32

Post #: 14425829
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Originally posted by sierra ↑

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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