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kristopher's Journal
Posted by kristopher in Environment/Energy
Tue Dec 06th 2011, 10:59 AM
You wrote, "And if they double the price of the renewables... we would have passed this point years ago!"

Perhaps you meant "halve" instead of "double"?

I'm not surprised you don't see the point of the chart since it i can't be spun as helpful to nuclear or hurtful to the nuclear industry's competition.

Let me help: the OP is about a rapidly escalating rate of installation of renewables; a rate that now exceeds that of fossil fuels.

This, in turn, means that the built manufacturing base is growing in a similar manner.

The chart shows a forecast by the IPCC tying the installed capacity to declining prices for solar generated electricity.

Already the choice for new installation is tilted towards renewable sources.

Going forward from today the declining price of solar is going to substantially improve the calculus behind the decisions reflected in the OP and by 2020 (more likely sooner) the economics will have shifted unalterably in favor of distributed renewables.


PS A similar graph charting the price of nuclear over time shows a steadily increasing cost curve. Of course, if you use strictly market data to create such a chart, you'd have to account for the large number of bankruptcies in that industry which skew the price downward by writing off huge chunks of capital costs.
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