This is great news. Years ago it was considered an indisputable fact that solar (and wind) couldn't compete with the economics of coal and nuclear.
Solar is now cheaper than some coal, says India energy minister
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Re: Solar is now cheaper than some coal, says India energy minister
#22Re: Solar is now cheaper than some coal, says India energy minister
#23A bunch other sustainable forms of energy have environmental problems. Wind generators cause harm to birds, geothermal electricity sources like in Hawai'i raise the temperature of bodies of water disrupting wildlife. Nuclear power comes with great risks of radiation leakage. Biofuel is hugely inefficient. It seems any solution comes with problems.
Re: Solar is now cheaper than some coal, says India energy minister
#24“I sincerely believe that what the West is doing in this respect is anti-development and anti the fight against climate change,” he said, accusing rich countries of charging too much for clean technology." I really don't believe any country is sincere towards climate change. Every country puts their economy before others. So expecting another economy to help you is a foolish assumption.
You are correct that every country puts their economy before others. However, India is not asking another economy to help them. India can develop its solar energy sector by itself. The west accuses the developing countries to be big polluters since they use less environmentally-friendly means of energy production. Then when countries like India try to subsidize the domestic solar energy market, WTO accuses them of il…
Re: Solar is now cheaper than some coal, says India energy minister
#25“I sincerely believe that what the West is doing in this respect is anti-development and anti the fight against climate change,” he said, accusing rich countries of charging too much for clean technology." I really don't believe any country is sincere towards climate change. Every country puts their economy before others. So expecting another economy to help you is a foolish assumption.
Re: Solar is now cheaper than some coal, says India energy minister
#26This will definitely lower the demand for coal, which in turn could lower its prices as well. This is good, because India might still need few coal power plants, considering its population size.
Considering that India is making progress on nuclear, it would seem inevitable that they shut down a few if not all of them.
Re: Solar is now cheaper than some coal, says India energy minister
#27I'm not sure I believe this. Is this due to subsidies on solar? Or taxes on coal? I'm not sure this headline is possible at face value.
Re: Solar is now cheaper than some coal, says India energy minister
#28Great! If he's right, we don't have to do anything, right? No direct subsidies, no feed-in tariffs, no cheap loans, etc. We can just let it happen !.
Re: Solar is now cheaper than some coal, says India energy minister
#29“I sincerely believe that what the West is doing in this respect is anti-development and anti the fight against climate change,” he said, accusing rich countries of charging too much for clean technology." I really don't believe any country is sincere towards climate change. Every country puts their economy before others. So expecting another economy to help you is a foolish assumption.
You are correct that every country puts their economy before others. However, India is not asking another economy to help them. India can develop its solar energy sector by itself. The west accuses the developing countries to be big polluters since they use less environmentally-friendly means of energy production. Then when countries like India try to subsidize the domestic solar energy market, WTO accuses them of il…
Until the US sues them and the WTO rules against them. http://in.reuters.com/article/usa-india-solar-idINKCN0QV2FD2...
Re: Solar is now cheaper than some coal, says India energy minister
#301.World's first solar power airport is in India http://money.cnn.com/2016/03/14/technology/india-cochin-sola...
2.Solar power from dams http://articles.economictimes.indiatimes.com/2014-11-10/news...