{"id":1241,"date":"2011-12-02T14:23:57","date_gmt":"2011-12-02T19:23:57","guid":{"rendered":"http:\/\/www.l-a-k-e.org\/blog\/2011\/12\/solar-tipping-point-within-a-few-years.html"},"modified":"2011-12-02T14:23:57","modified_gmt":"2011-12-02T19:23:57","slug":"solar-tipping-point-within-a-few-years","status":"publish","type":"post","link":"http:\/\/www.l-a-k-e.org\/blog\/2011\/12\/solar-tipping-point-within-a-few-years.html","title":{"rendered":"Solar tipping point within a few years"},"content":{"rendered":"Why is anyone still building fossil fuel (or nuclear for that matter)\npower plants when solar is within a few years of being cheaper?\nIn other words, by the time those other plants can be built,\nsolar is very likely to be more cost-effective?\n<p>\nMarcia Goodrich wrote for physorg yesterday,\n<a href=\"http:\/\/www.physorg.com\/news\/2011-12-solar-closer.html\">\nAffordable solar: It&#8217;s closer than you think<\/a>,\n<Blockquote>\n<a href=\"http:\/\/www.physorg.com\/news\/2011-12-solar-closer.html\">\n<img decoding=\"async\" style=\"float:right;border:none;\"   src=\"http:\/\/cdn.physorg.com\/newman\/gfx\/news\/2011\/affordableso.jpg\"><\/a>\nIt&#8217;s a matter of economics. A new analysis by\n[Michigan Technical University Associate Professor Joshua]\nPearce and his colleagues\nat Queen&#8217;s University in Kingston, Ontario, shows that solar photovoltaic\nsystems are very close to achieving the tipping point: they can make\nelectricity that&#8217;s as cheap&mdash;sometimes cheaper&mdash;as what consumers pay\ntheir utilities.\n<p>\nHere&#8217;s why. First, the price of solar panels has plummeted. &#8220;Since 2009,\nthe cost has dropped 70 percent,&#8221; says Pearce. But more than that, the\nassumptions used in previous studies have not given solar an even break.\n<p>\n&#8220;Historically, when comparing the economics of solar and conventional\nenergy, people have been very conservative,&#8221; says Pearce.\n<\/Blockquote>\nIt&#8217;s not just that the cost of equipment keeps dropping;\nolder panels remain more efficient than most previous estimates:\n<blockquote>\nFor example, most analyses assume that the productivity of solar panels\nwill drop at an annual rate of 1 percent or more, a huge overestimation,\naccording to Pearce. &#8220;If you buy a top-of-the-line solar panel, it&#8217;s\nmuch less, between 0.1 and 0.2 percent.&#8221;\n<\/blockquote>\nThere&#8217;s more in the news article, and in\n<a href=\"http:\/\/www.sciencedirect.com\/science\/article\/pii\/S1364032111003492\">\nthe journal article it references,<\/a>\nA review of solar photovoltaic levelized cost of electricity,\nK. Brankera, M.J.M. Pathaka, J.M. Pearce,\nRenewable and Sustainable Energy Reviews, Volume 15, Issue 9, pages\n4470-4482. doi:10.1016\/j.rser.2011.07.104\n<p>\n-jsq\n","protected":false},"excerpt":{"rendered":"Why is anyone still building fossil fuel (or nuclear for that matter) power plants when solar is within a few years of being cheaper? In other words, by the time those other plants can be built, solar is very likely to be more cost-effective? Marcia Goodrich wrote for physorg yesterday, Affordable solar: It&#8217;s closer than [&hellip;]","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_links_to":"","_links_to_target":""},"categories":[14,23,289,24],"tags":[969,1624,165,8713,8758,8714],"class_list":["post-1241","post","type-post","status-publish","format-standard","hentry","category-economy","category-renewable-energy","category-science","category-solar","tag-economics","tag-energy","tag-fossil-fuels","tag-renewable-energy","tag-science","tag-solar"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p585fK-k1","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"http:\/\/www.l-a-k-e.org\/blog\/wp-json\/wp\/v2\/posts\/1241","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.l-a-k-e.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.l-a-k-e.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.l-a-k-e.org\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.l-a-k-e.org\/blog\/wp-json\/wp\/v2\/comments?post=1241"}],"version-history":[{"count":0,"href":"http:\/\/www.l-a-k-e.org\/blog\/wp-json\/wp\/v2\/posts\/1241\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.l-a-k-e.org\/blog\/wp-json\/wp\/v2\/media?parent=1241"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.l-a-k-e.org\/blog\/wp-json\/wp\/v2\/categories?post=1241"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.l-a-k-e.org\/blog\/wp-json\/wp\/v2\/tags?post=1241"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}