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Originally Posted by Xist
This article talks about two Google PhDs that spent four years analyzing different renewable energy sources and determined that none of them were viable:
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Those PHDs claimed
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So what price should we be aiming for?
Consider an average U.S. coal or natural gas plant that has been in service for decades; its cost of electricity generation is about 4 to 6 U.S. cents per kilowatt-hour. What’s needed are zero-carbon energy sources so cheap that the operators of power plants and industrial facilities alike have an economic rationale for switching over within the next 40 years.
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Ok .. so that's the target $/kwh .. the conclusion seems to suggest that target can't be achieved in the next 40 years.
Really ???
Let's look at that ( we won't take 4 years ).
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TNYT
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According to a study by the investment banking firm Lazard, the cost of utility-scale solar energy is as low as 5.6 cents a kilowatt-hour, and wind is as low as 1.4 cents. In comparison, natural gas comes at 6.1 cents a kilowatt-hour on the low end and coal at 6.6 cents. Without subsidies, the firm’s analysis shows, solar costs about 7.2 cents a kilowatt-hour at the low end, with wind at 3.7 cents.
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Hmmm ... somehow with 40 years of progress .. and 40 years of Fossil Fuel price increasing .. somehow we won't reach the point we are at already today ??