Sunday, December 7, 2025

Fossil fuels don't make economic sense

 

Because of the marked drop in the price of solar cells to generate power, solar energy is now the cheapest source of energy on Earth.  That's very similar to what the title of the article says:

Solar Energy Is Now the World’s Cheapest Source Of Power

The research team also found that the price of lithium-ion batteries has fallen by 89% since 2010.

Interesting article; it says this, in part:
"Solar energy is now so cost-effective that, in the sunniest countries, it costs as little as £0.02 to produce one unit of power."
And it says this, too:
"The research team also found that the price of lithium-ion batteries has fallen by 89% since 2010, making solar-plus-storage systems as cost-effective as gas power plants. These hybrid setups, which combine solar panels with batteries, are now standard in many regions and allow solar energy to be stored and released when needed, turning it into a more reliable, dispatchable source of power that helps balance grid demand."

While noting that some energy is being wasted because solar installations apparently aren't that easy to connect to the grid, that is something that could be and should be overcome.

Reference
Rezaee E, Silva SRP. Solar Energy in 2025: Global deployment, cost trends, and the role of energy storage in enabling a resilient smart energy infrastructure. Authorea. 2025. doi: 10.22541/au.175647950.09188768/v1


Which then brings me to something I've said before; stop wasting the real estate of parking lots and put them to work.

Parking lot solar is a good idea -- again.

Oh gee, look:  South Korea is doing it too.  


As the article describes, it particularly works well in sunny Arizona.





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