The rise of Big Solar: Growing pains

The price of solar panels is falling fast enough to hurt Western manufacturers, but it is not yet low enough to make the sun a competitive source of electricity

Solar energy is popular because it is clean and abundant. The problem is that it remains expensive. According to recent calculations by the International Energy Agency, power from photovoltaic systems (solar cells) costs $200-600 a megawatt-hour, depending on the efficiency of the installation and the discount rate applied to future output. That compares with $50-70 per MWh for onshore wind power in America, by the IEA’s reckoning, and even lower prices ... Full Story »

Posted by Kaizar Campwala - via Kaizar Campwala (t), Jon Mitchell (t)
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Posted by: Posted by Kaizar Campwala - Jun 9, 2010 - 10:25 AM PDT
Content Type: Article
Edit Lock: This story can be edited
Edited by: Fabrice Florin - Jun 9, 2010 - 5:20 PM PDT
Fabrice Florin
3.9
by Fabrice Florin - Jun. 10, 2010

Excellent overview on solar energy, its challenges and opportunities. This factual report summarizes key trends in solar, citing several credible sources, and provides great context on the relative merits of solar PV, solar thermal and other renewable energy sources. A must-read on this topic.

This is the best article I have read on this topic today. For more related stories, check our Solar Energy page: http://newstrust.net/topics/solar_energy

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Kaizar Campwala
3.9
by Kaizar Campwala - Jun. 10, 2010

Focused on the change in cost of traditional photovoltaic, as well as disruptive competitors. Informative.

See Full Review » (11 answers)
Dale Penn
4.0
by Dale Penn - Jun. 10, 2010

Great over view of the current state of solar power in the US and challenges it faces.

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Sirajul Islam
4.0
by Sirajul Islam - Jun. 10, 2010

This piece is informative, well-sourced, and timely that examined the main obstacle to be going solar, the cost. However, the story presented, in classic The Economist style.

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Dwight Rousu
3.4
by Dwight Rousu - Jun. 10, 2010

The Economist gathers together a good set of facts, but falls short of looking deeply at the economics of energy present and future that are driving solar and renewables. It seems to ignore the externalized costs of all the various energy alternatives and infrastructure. Coal is not billed for the cost of polluted air. Oil is not charged (as of yet) for destruction of marine ecosystems. Huge government subsidies pay for the disaster risks of nukes. As easy coal and oil are burned, any future supplies will be more expensive. Local solar avoids many costs of long transmission lines in the power grid. They do not mention that solar thermal is price competitive at current prices.

Good, but many missed opportunities to be better.

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Alexander Rose
3.0
by Alexander Rose - Jun. 9, 2010

It is good to point attention to solars adolescence, but this story fall short in its comparisons to more tech and how we subsidize those.

See Full Review » (4 answers)

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