Quote:
Originally Posted by redpoint5
Yeah, the graph is interesting and makes a point, but might not tell the whole story.
Wind and solar will continue producing power beyond the year in which it was subsidized. We'd need ongoing updates as to how much electricity was produced per dollar as it amortized over time.
|
Much of the subsidies of solar are ongoing in the form of feed in tariffs which in the USA are $0.028 /kWh for grid scale solar. So if a gas plant earns a wholesale price of $0.04 / kWh in (average in my area) the solar plant would get the 4c plus another 2.8c from the government. Ongoing. On top of the initial 30% total rebate of the initial cap cost.