The price of solar energy

Interesting article at Renewable Energy Access.
Not always the region with more sun can be the best choice for solar plants, since electricity rates tend to weight even more in the solar energy cost.

The Future of Solar Power Lies in the Northeast

Today, even in the best case scenario, solar power still requires substantial subsidies. It will be another decade before it reaches the break even point -- that is, the point where solar power becomes economical without subsidies.

The Southwest does enjoy a tremendous sunlight advantage over the Northeast, making solar power less expensive in that region. However, the advantage does not come close to compensating for the difference in electricity rates.

read the full article, by Jonathan Klein, here

Labels: Solar Energy prices

posted by IntoBlogs at 11:08 PM