Thursday, July 29, 2010

Solar power finally becomes cheaper than nuclear

Study: Solar power is cheaper than nuclear | The Energy Collective

The Holy Grail of the solar industry — reaching grid parity — may no longer be a distant dream. Solar may have already reached that point, at least when compared to nuclear power, according to a new study by two researchers at Duke University.
The result of these trends: “In the past year, the lines have crossed in North Carolina,” say study authors John Blackburn and Sam Cunningham. “Electricity from new solar installations is now cheaper than electricity from proposed new nuclear plants.”
If the data analysis is correct, the pricing would represent the “Historic Crossover” claimed in the study’s title...

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