POW 0.00% 0.8¢ protean energy limited

A couple of years back POW were using the above slide (it's one...

  1. juk
    4,064 Posts.
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    A couple of years back POW were using the above slide (it's one of theirs) to peddle their wave energy. I got in trouble for saying that their numbers were full of sheet. And now that the DOE has announced that their sunshot goal of 6c/kWh for solar is complete and have announced a new sunshot of 3c/kWh I think we can retrospectively say that I was correct the only other alternative being that prices have crashed in the last two years.

    And just to complete the numbers:

    Solar <6c/kWh
    Onshore Wind <5c/kWh
    Offshore wind 7.5c/kWh
    Solar thermal 7.5c/kWh

    And since you're not allowed to be correct on hotcopper if that makes the company wrong, then it's quite obvious that prices have crashed by up to 80% in two years.
    Last edited by juk: 16/09/17
 
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