30 Apr '12, 5pm

Solar Policy Can Advance (or Delay) Grid Parity by a Decade

Solar Policy Can Advance (or Delay) Grid Parity by a Decade

In their interactive graphic, Bloomberg Energy Finance calls solar grid parity (when electricity from solar costs less than grid power) the "golden goal." It's an excellent illustration of how the right energy policy can help a nation go gold on solar or wallow in metallurgical obscurity. In the case of the U.S., it may mean delaying grid parity by eight years. In the screenshot below, countries in purple have reached the golden goal in 2012 based on the quality of their solar resource and the cost of grid electricity, as well as a 6 percent expected return on investment for solar developers. (Note to Bloomberg graphic designers — countries meeting the golden goal could be colored gold . ) By 2020, the universe of countries has expanded significantly, and includes the United States (the delay due largely to differences in the cost of electricity, much cheaper in the U.S.)....

Full article: http://www.renewableenergyworld.com/rea/blog/post/2012/04...

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