Cutting costs for renewables.

Author:Scheer, Roddy
Position:THIS WEEK - Brief article
 
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The costs of generating solar power will be on par with the costs of power made from fossil fuels like natural gas and coal within a decade, according to clean-tech research and publishing firm Clean Edge and green-economy nonprofit Co-op America. The two groups collaborated on a new report, the Utility Solar Assessment (USA) Study, to provide a roadmap for utilities, solar companies, and regulators to work together so the nation can derive 10 percent or more of its power from the sun by 2025.

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"As capital and fuel costs have doubled or tripled for coal, natural gas, and nuclear power over the past few years, solar power costs are coming down," report co-author Alisa Gravitz of Co-op America told reporters. "For the first time in history, cost-competitive solar power is now within the planning horizon of every utility in the nation."

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