Solar and wind power – forever just round the corner
05 Jul 2015 Leave a comment
in energy economics, environmental economics, global warming, politics - Australia, politics - New Zealand, politics - USA Tags: Big Solar, Big Wind, creative destruction, green rent seeking, renewable energy, solar power, wind power
Solar power versus economic development
11 Jun 2015 Leave a comment
in development economics, energy economics, environmental economics, environmentalism, global warming, growth disasters, growth miracles Tags: renewable energy, solar power
What it would take for the US to run on 100% renewable energy
10 Jun 2015 Leave a comment
in energy economics, environmental economics, global warming, politics - USA Tags: expressive voting, geothermal power, hydroelectric power, rational ignorance, rational irrationality, renewable energy, solar power, tidal power, wind power
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Wind power doesn’t seem to do much for power prices in Germany and Denmark
22 Apr 2015 Leave a comment
in energy economics, environmental economics, global warming Tags: Big Solar, Big Wind, power prices, renewable energy, solar power, wind power
Compare #electricity prices across the #OECD area and learn more here: bit.ly/1xitg8T @IEA http://t.co/MGCtTlv1v8—
(@OECD) March 26, 2015
The footprint of Big Wind and Big Solar
21 Apr 2015 Leave a comment
in energy economics, environmental economics Tags: Big Solar, Big Wind, green rent seeking, land supply, solar power
Renewable energy may run out of land
07 Apr 2015 Leave a comment
in energy economics, environmental economics, global warming Tags: land supply, renewable energy, solar power, wind power
The carbon footprint of the round the world solar flight should include its support planes
18 Mar 2015 Leave a comment
in environmental economics, global warming, technological progress, transport economics Tags: carbon footprint, climate alarmism, expressive voting, global warming, solar flight, solar power
Maybe the future is not solar and wind, so those mass layoffs of climate alarmists are cancelled
16 Mar 2015 Leave a comment
in energy economics, environmental economics, politics - Australia, politics - New Zealand, politics - USA Tags: Big Solar, Big Wind, climate alarmists, green rentseeking, solar power, wind power
via eia.gov
The relationship between energy use & GDP
Technology is getting much more efficient
(Source bit.ly/1Anl8AJ) http://t.co/7zYDhXv2lu—
Max Roser (@MaxCRoser) March 15, 2015
Many more birds to be incinerated as solar energy becomes cost competitive; climate alarmists face mass layoffs
13 Mar 2015 Leave a comment
in energy economics, environmental economics, global warming Tags: climate alarmism, creative destruction, global warming, killer green technologies, solar power
Unsubsidized rooftop solar electricity costs anywhere between $0.13 and $0.23/kWh today, well below retail price of electricity in many markets globally.
The economics of solar have improved significantly due to the reduction in solar panel costs, financing costs and balance of system costs. We expect solar system costs to decrease 5-15% annually over the next 3+ years which could result in grid parity within ~50% of the target markets.
If global electricity prices were to increase at 3% per year and cost reduction occurred at 5-15% CAGR, solar would achieve grid parity in an additional ~30% of target markets globally. We believe the cumulative incremental total available market for solar is currently around ~140GW/year and could potentially increase to ~260GW/year over the next 5 years as solar achieves grid parity in more markets globally and electric capacity needs increase…
solar system costs have declined at ~15% CAGR over the past 8 years and we expect 40% cost reduction over the next 4-5 years as a solar module costs continue to decline, panel efficiencies gradually improve, balance of system costs decline due to scale and competition, global financing costs decline due to development of new business models and customer acquisition costs decline as a result of increasing customer awareness and more seamless technology adoption enabled by storage solutions…
oil represents only about 5% of global electricity production and in some of the important solar markets such as US, China, oil based electricity generation is less than 5% of the total. Moreover, the cost of oil based electricity generation even at $50 oil prices is the 7-9c/kWh range and as shown in the note, the marginal cost is higher than solar in many regions worldwide. Bottom line is that oil prices do not have a material impact on solar demand.
About the only losers from this creative destruction in energy production, aside from the tens of thousands of public officials, academics and NGO employees who jobs and research grants depend up climate alarmism, are the birds that happen to fly past these solar power stations and are incinerated.
via Deutsche Bank’s 2015 solar outlook: accelerating investment and cost competitiveness – Deutsche Bank Responsibility and Deutsche Bank report: Solar grid parity in a low oil price era – Deutsche Bank Responsibility.
The price of energy sources since the late 1940s
10 Mar 2015 Leave a comment
in energy economics Tags: Oil prices, solar power
HT: Bloomberg.com
Utopia, you are standing in it! 
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