Cutting costs for renewables.

Author:Scheer, Roddy
Position:THIS WEEK - Brief article

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.


"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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