Posted by Jeff on Mar 30, 2018 @ 6:32 am in Conservation | 0 comments | Last modified: March 29, 2018
Prices for solar, wind, and battery storage are dropping so rapidly that renewables are increasingly squeezing out all forms of fossil fuel power, including natural gas. The cost of new solar plants dropped 20 percent over the past 12 months, while onshore wind prices dropped 12 percent, according to the latest Bloomberg New Energy Finance (BNEF) report. Since 2010, the...
Learn MorePosted by Jeff on Nov 30, 2017 @ 11:41 am in Conservation | 0 comments | Last modified: November 28, 2017
Prices for new wind and solar plants continue to plunge at an astonishing pace. Driven by steadily improving technology and the use of auctions to set prices, the cost of solar and wind dropped 25 percent this past year — and even more in some key emerging markets like China. That drop comes on top of an 80 percent reduction in the previous 10 years, which is why...
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