Solar energy becoming cheaper than coal
it’s too bad our elected leaders see no value in spurring the next generation of energy technology rather than preserving tax cuts for oil and coal companies that are making record profits
5 breakthroughs that will make solar power cheaper than coal, Mother Nature Network, Karl Burkart, 8 Aug 11 Solar technology charges forward despite Washington’s backward march.
While Washington was busy holding the global markets hostage and placing billions in badly needed R&D funding on the chopping block, a new report from REN21 (the Renewable Energy Network for the 21st Century) showed that global investments in renewable energy jumped 32 percent to a record $211 billion, this despite a downturn in the economy and massive R&D cuts in clean energy.
It’s a little reassuring that progress marches forward, despite our nation’s best efforts to stop it. Solar in particular appears to be growing in leaps and bounds do in large part to a 60 percent drop in price per kW (kilowatt) production in just the past three years. In many regions solar power is getting competitive with coal power, and its price will continue to drop with the onset of a many new advancements in solar technology…..
1. Nano-templated molecules that store energy…….
2. Print solar cells on anything…..
3. Solar thermal power in a flat panel…..
4. A virus to improve nano-solar cell efficiency….
5. Transparent solar cell could turn windows into power plants…..
This is the stuff that Star Trek is made of, and it’s too bad our elected leaders see no value in spurring the next generation of energy technology rather than preserving tax cuts for oil and coal companies that are making record profits. Oh well.
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