Environment

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Environmental and ecological discussion, particularly of things like weather and other natural phenomena (especially if they're not breaking news).

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Solar Is Now 33% Cheaper Than Gas Power in US, Guggenheim Says (web.archive.org)

submitted 1 year ago* (last edited 1 year ago) by [email protected] to c/[email protected]

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Natural gas’s dominance as power-plant fuel in the US is fading fast as the cost of electricity generated by wind farms and solar projects tumbles, according to Guggenheim Securities.

Utility-scale solar is now about a third cheaper than gas-fired power, while onshore wind is about 44% less expensive, Guggenheim analysts led by Shahriar Pourreza said Monday in a note to clients.

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[–] [email protected] 1 points 1 year ago

Oh this is excellent news, since the profit monkeys might start seeing dollars and we finalky start mass migrating to solar power.