Solar Power To Threaten Conventional Power By 2020 | OilPrice.com

Solar Power To Threaten Conventional Power By 2020 | OilPrice.com
Researchers project that solar power will become cheaper than conventional, fossil fueled electric generating sources by 2020. (The researchers do not say that directly, but their numbers do.) But the news gets even worse for incumbent utilities. By 2030, solar-plus-storage could threaten the economic relevance of their distribution grids by making less necessary the connection with the local electric utility.

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