Price of solar dropped 89% in ten years
Solar now being the cheapest energy source made its rounds on Lemmy some weeks ago, if I remember correctly. I just found this graphic and felt it was worth sharing independently.
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It's frustrating seeing a graph showing the price of electricity going down while my utility prices go up. Does this take into account infrastructure cost?
Yeah energy prices have gone through the roof but apparently it's cheaper in every way except nuclear - and we don't even have nuclear around here
The data stops in 2019. It's completely outdated. The world is in chaos since covid. But anti nuke propagandists don't care much about these "details".
Hi, I'm a human being, not an "anti nuke propagandist". I just checked, if there's newer data, and well, there is, but no one seems to have formatted that in a way yet, which you or me would be willing to digest.
Personally, my impression has been that the solar industry was one of the industries that was pretty much completely unaffected by COVID, so I felt this graph was still perfectly relevant.
But even if it were strongly affected, I do not see why our technological progress in manufacturing, that we had in 2019, should evaporate with COVID.
There is inflation and a rise in natural catastrophes, but I feel like those would affect nuclear and others roughly proportional.
Well, if you omit batteries then you are mostly true, although with covid there was a huge shortage of electronic components that would affect solar a lot, at least depending on where you live. Batteries is a big unknown now, because with all the demand for it, we simply can't build enough batteries to feed all the grids with it.
Alright, yeah, good point with the batteries. I'm hoping the batteries in electric cars will double up as storage for the grid (already happening today), but also that there's just enough redundancy with other renewables.
https://www.powerengineeringint.com/renewables/lcoe-for-offshore-wind-now-on-par-with-coal-bnef/amp/
Covid actually had almost no impact on the prices and they continued to level off a little lower. The surprising one is the onshore wind remaining on par with solar and continues to drop (albeit slowely).
Gas skyrocketed in Europe. Oil is going yo-yo. How does this have no impact on the price?