31 Jul '14, 8am

Solar May Become Cheaper Than Wind In 5 Years

First Solar is on the side of the angels here. But it’s being a little disingenuous. Solar is a global market, and prices follow the same trend everywhere. There are national differences in BOS costs, with a local component: skilled labour, permitting, and so on. But basically solar will become cheaper in Australia whatever the government does. The future crossing of the solar and wind cost curves is indeed inevitable, since solar’s learning curve is twice as steep. It’s fun to speculate what that will mean for policy. Wind will remain an essential complement to solar since it produces at different times (winter and night), at least until we have cheap 24/7 EGS geothermal, by no means a certainty. The supply system will have three tranches : first solar (cheapest but daytime only), second wind (dearer, complementary, but incomplete), third despatchable backup (most expensi...

Full article: http://cleantechnica.com/2014/07/31/solar-may-become-chea...

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