What a lot of renewable bashers did not get 7 or 8 years ago is that, solar did not have to be the least-cost producer to get started – it just had to outcompete the most expensive conventional power out there, – which is peak power from diesel generators and gas peaker plants – some of the most expensive imaginable sources. (sort of like that old joke about out-running the bear)
Once solar cracked the peak market (which occurs conveniently during the sunniest part of the day), the logic of markets and mass production took over, and the price slide went into overdrive.
Now the same phenomenon will take hold with offshore wind – which already employs 60,000…
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