Solar Is Now Cheaper Than Coal, Says India Energy Minister

[DEAD7]

India is on track to soar past a goal to deploy more than 100 gigawatts of solar power by 2022, the country's energy minister Piyush Goyal said on Monday. Speaking at the release of a 15-point action plan for the country's renewable sector, Goyal said he was now considering looking at "something more" for the fast-growing solar sector. "I think a new coal plant would give you costlier power than a solar plant," he said. "Of course there are challenges of 24/7 power. We accept all of that -- but we have been able to come up with a solar-based long term vision that is not subsidy based." In the past financial year, nearly 20GW of solar capacity has been approved by the government, with a further 14GW planned through 2016 according to the Union Budget.

 

[TLR Is Mental Poison]

I recently read an article in the Economist talking about how... I think in China... they were making solar power profitably for $40 a megawatt hour. That is about 2-5x cheaper than typical generation methods here

BUT

Solar only works during the day time. Wind is very spotty. I don't think tidal generates enough power to do much damage. So solar can take a nice bite out of our generation needs, but for the time being we will still need something like natural gas generation or nuclear to cover the base loads.

 

[newworldafro]

I recently read an article in the Economist talking about how... I think in China... they were making solar power profitably for $40 a megawatt hour. That is about 2-5x cheaper than typical generation methods here

BUT

Solar only works during the day time. Wind is very spotty. I don't think tidal generates enough power to do much damage. So solar can take a nice bite out of our generation needs, but for the time being we will still need something like natural gas generation or nuclear to cover the base loads.

They need to work on that battery.

 

[Field Marshall Bradley]

Its always been cheaper......

 

[the cac mamba]

too bad they cant use it for plumbing

 

[IShotTheSheriff]

Its always been cheaper......

Yeah I read that title with the "no shyt?" face.

I'm down for cleaner energy supplies any day of the week.