25 Feb '13, 11am

The Price of Solar Power

The actions recently taken in Europe against solar power are not a sign of failure but rather a consequence of the highly successful progress of PV technologies. Governments are simply trying to defend large electricity suppliers and the electricity markets they created in the last decade. With marginal generation costs close to zero, technologies like solar power wreck havoc on the open market once they reach a critical volume and threaten to steal away revenues from traditional base load suppliers. "First they laugh at you, then they fight you and then you win" As for wrecking havoc on the open market, isn't that how the open market is supposed to work?! The best and most economically viable paradigm will come out on top barring protectionism for the old paradigm. Centralized large energy suppliers are dinosaurs and peak fossil fuels and resource limits are the asteroids...

Full article: http://www.theoildrum.com/node/9841

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