994
submitted 1 year ago by Knusper@feddit.de to c/technology@lemmy.ml

Solar now being the cheapest energy source made its rounds on Lemmy some weeks ago, if I remember correctly. I just found this graphic and felt it was worth sharing independently.

Source: https://ourworldindata.org/cheap-renewables-growth

you are viewing a single comment's thread
view the rest of the comments
[-] JohnDClay@sh.itjust.works 0 points 1 year ago

The cost of the panels themselves doesn't seem to have gone down nearly that much. Panel cost over time

[-] azertyfun@sh.itjust.works 1 points 1 year ago

OP's data is LCOE, which takes into account much more than $/MW. Rather importantly, expected operating liftetime is a major component (and historically THE major economic downside of PV).

IIRC, LCOE is calculated for utility-scale solar, which has seen a 500% decrease according to your chart.

Finally, Neither chart specifies, but if OP's is in constant dollars and yours isn't that would explain a lot as well.

this post was submitted on 17 Nov 2023
994 points (98.6% liked)

Technology

35134 readers
76 users here now

This is the official technology community of Lemmy.ml for all news related to creation and use of technology, and to facilitate civil, meaningful discussion around it.


Ask in DM before posting product reviews or ads. All such posts otherwise are subject to removal.


Rules:

1: All Lemmy rules apply

2: Do not post low effort posts

3: NEVER post naziped*gore stuff

4: Always post article URLs or their archived version URLs as sources, NOT screenshots. Help the blind users.

5: personal rants of Big Tech CEOs like Elon Musk are unwelcome (does not include posts about their companies affecting wide range of people)

6: no advertisement posts unless verified as legitimate and non-exploitative/non-consumerist

7: crypto related posts, unless essential, are disallowed

founded 5 years ago
MODERATORS