Showing posts with label Dr Patrick Graichen. Show all posts
Showing posts with label Dr Patrick Graichen. Show all posts

24 February, 2015

Solar energy to become the cheapest source of electricity


"....there's no end to the cost
decline in photovoltaics."
Solar energy is set to become the cheapest source of electricity in many parts of the world within the next 10 years, according to a new report released by German think tank, Agora Energiewende.

An ABC story headed: “Solar power set to become cheapest source of energy over next decade, German think tank says”, discusses a report commissioned by an independently funded organisation, designed to steer Germany towards its 80 per cent renewable energy target.

CEO Dr Patrick Graichen said they wanted to see if recent falls in the cost of photovoltaics would continue.

"The finding is there's no end to the cost decline in photovoltaics," he said.