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Comment by tito

The cost of energy will go near zero. The marginal cost of an electron captured with solar is free.

Solar is starting to beat fossil fuel installations already, below $0.05 USD per kWh.

This was not predicted even by the biggest cheerleaders even 10 years ago: "In 2017, the solar industry achieved SunShot’s original 2020 cost target of $0.06 per kilowatt-hour for utility-scale photovoltaic (PV) solar power three years ahead of schedule, dropping from about $0.28 to $0.06 per kilowatt-hour (kWh)." [1]

Sunshot goal for 2030 is $0.03 per kWh.

[1] https://www.energy.gov/eere/solar/sunshot-2030

parent tito 7 years ago

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