“The path to US$0.015/kWh solar power, and lower” (PV Magazine and GTM Research)

The headline and a page with lots of graphics and associated worksheets come from this PV Magazine article. The underpinning assessment is from GTM Research and their report Trends in Solar Technology and System Prices.

Recall that Natural Gas Combined Cycle, the most efficient natural gas generation process, produces electricity at US$05.5/kWh. The quoted US$0.015/kWh is significantly lower than previous projections. Of course, you’ll get different numbers from the usual suspects. Just to note, nearly every established quasi-governmental organization, e.g., U.S. EIA, the IEA, ISO-NE, etc, have missed the mark on both projecting cost per kWh and penetration of solar PV, both behind-the-meter residential and utility scale.

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This entry was posted in American Solar Energy Society, Bloomberg New Energy Finance, BNEF, bridge to somewhere, clean disruption, CleanTechnica, decentralized electric power generation, decentralized energy, demand-side solutions, distributed generation, electricity, electricity markets, fossil fuel divestment, green tech, Green Tech Media, investing, investment in wind and solar energy, investments, ISO-NE, local generation, local self reliance, marginal energy sources, microgrids, natural gas, solar democracy, solar domination, solar energy, solar power, Sonnen community, stranded assets, the energy of the people, the green century, utility company death spiral, wind energy, wind power, zero carbon. Bookmark the permalink.

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