Showing posts with label Energy. Show all posts
Showing posts with label Energy. Show all posts

Solar Cheaper Than Fossil Fuels?

“Solar power may be cheaper than electricity generated by fossil fuels and nuclear reactors within three to five years because of innovations, said Mark M. Little, the global research director for General Electric Co. (GE).”

“If we can get solar at 15 cents a kilowatt-hour or lower, which I’m hopeful that we will do, you’re going to have a lot of people that are going to want to have solar at home,” Little said yesterday in an interview in Bloomberg’s Washington office. The 2009 average U.S. retail rate per kilowatt-hour for electricity ranges from 6.1 cents in Wyoming to 18.1 cents in Connecticut, according to Energy Information Administration data released in April.”"

Source: Al's Journal

Renewable Energy Production May Overtake Nuclear Power This Year In US




It still may be a relatively small amount of the total US energy supply inasmuch as the shift to clean energy still has a long way to go, but new data from the Energy Information Agency shows that in 2010 all renewable energy sources combined produced roughly 11% of total primary energy supply. That's just as much as nuclear power. And as Climate Progress points out, renewables will likely overtake nuclear power in the US later this year:
Since 2007, nuclear power has been flat while renewable resources have delivered 22% more primary energy. So, again, it's entirely possible if not likely that renewables will deliver more primary production than nuclear sometime this year -- and once they do pass nukes, renewables will stay almost certainly stay ahead throughout this century, given that their costs are declining, unlike nuclear.

Source: treehugger
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