Coal will be increasing in price that will increase electricity prices as the market becomes global for coal per a NY Times Article - An Export in Solid Supply. The US has 27% of the world's coal reserves.
Any increase in the price of electricity will help Solar, as currently coal is the low price supplier of electricity. The problem with coal is the pollution released and uncertainty on how much the carbon tax will be on it. And adding on pollution equipment to reduce carbon emissions increases the cost of the electricity produced. Since the cost increase is only 10%, and Solar is about 3X current coal electricity prices this does not help much.
No comments:
Post a Comment