Sunday, 8 January 2012
Solar woes
Interesting post on US solar energy costs from the free market energy blog at masterresource.org.
The truth is even if China could sell panels to installers for 1¢/watt, the systems would still be too expensive. Even with free PV, the cost of installation, mounting structure, inverters, wiring, etc. make the systems financially unsustainable.
In other words, solar is not competitive with the US national grid even if the Chinese could be persuaded to give away the panels for nothing.
Labels:
climate
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