Solar is now cheaper than some coal, says India energy minister
61–70 of 256 posts
Re: Solar is now cheaper than some coal, says India energy minister
#62I would argue this trend is showing off. The oil producing countries pumping out their oil, because they don't see value reducing the capacity, while the oil prices are historically low.
Re: Solar is now cheaper than some coal, says India energy minister
#63Earlier quoted context omitted.
Those problems you cited all pale in comparison to global warming. It's a disingenuous comparison.
These problems pale in comparison partly because these sustainable forms of technology aren't being used any meaningful scale yet. How much area do we have to cover with solar panels to power a largish metropolitan area?
If you get high deployment in places with high urban sprawl (lots of rooftops), the long term prospects (say 35 years) negative power bills may become the norm - I know a number of people that already have them.
There's been dramatic gains in solar output and power efficiency in the past few years. The trajectories are looking good.
Re: Solar is now cheaper than some coal, says India energy minister
#64Interesting times for the energy economics and geopolitics. If people believe that solar(renewable energy) is getting cheaper, the prices of the oil is drop faster. And you don't want to keep holding to oil when the music stops. I would argue this trend is showing off. The oil producing countries pumping out their oil, because they don't see value reducing the capacity, while the oil prices are historically low.
Or you want to be the only one holding to accessible oil, and pretty much sole provider of oil for plastics and other non-fuel petrochemical products.
Re: Solar is now cheaper than some coal, says India energy minister
#65Earlier quoted context omitted.
> India can develop its solar energy sector by itself. Until the US sues them and the WTO rules against them. http://in.reuters.com/article/usa-india-solar-idINKCN0QV2FD2...
India wants 8% domestic production, and the US has a cry. What a bully. How does the WTO enforce that sort of ruling? India has The Bomb.
Re: Solar is now cheaper than some coal, says India energy minister
#66Earlier quoted context omitted.
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…
> India can develop its solar energy sector by itself. 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
#67Whatever the realities of the cost of solar, I tend to worry about a future in which we cover vast swaths of areas with solar panels and the impact such a thing will have on the environment. I don't know if anyone has done good studies on it. A 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…
And why would they! If an industry or country can get an advantage out of a renewable tech, it's not in their interests to fund studies if they could give the wrong answers. That's the reality of it. Biofuel was a good case in point, it's proponents are now back peddling pretty fast. The drive to profit forbids foresight.
You can add diesel cars, electric cars, and CFD, LED bulbs to that list too.
Re: Solar is now cheaper than some coal, says India energy minister
#68Re: Solar is now cheaper than some coal, says India energy minister
#69This was in my inbox this morning: http://www.vox.com/2016/4/18/11415510/solar-power-costs-inno... Suggesting that costs are not falling fast enough to overcome value deflation. Seems quite US-focussed though. The numbers in the two articles don't seem directly comparable.
For the near term, financial engineers have not done solar any favors with recent "yieldco" abuses.[1] Though with value deflation, financial innovation and regulatory protection may not be able to save solar.
Re: Solar is now cheaper than some coal, says India energy minister
#70Earlier quoted context omitted.
These problems pale in comparison partly because these sustainable forms of technology aren't being used any meaningful scale yet. How much area do we have to cover with solar panels to power a largish metropolitan area?
The best location for covering a large area of land for purposes of solar energy would arguably be a desert. "90% of the world’s population lives within range of a desert and could be supplied with solar electricity from there", says this article, which also shows you how much needs to be covered to supply the entire globe in theory: http://cleantechnica.com/2009/06/22/half-a-trillion-dollars-...