Some interesting news in from Bloomberg concerning energy research – a new report by Deutsche Bank indicates that solar energy is about to reach price parity with conventional electricity – and keep on going down, getting cheaper with every year (hint: solar panels are mostly based on semiconductors – so share the PC chip’s ability of sliding tech costs over time).
Once expensive, now solar will, “soon undercut even the cheapest fossil fuels in many regions of the planet, including poorer nations where billion-dollar coal plants aren’t always practical.”
The sooner that North African super-grid gets going, the better.
Look at the falling price curve on this baby . . . (click to embiggen).
The Silicon Valley tech industry – good for more than just iPhones and Flappy Birds.
STORY UPDATE; A couple of related off-site news stories just in – I’ll link to them here rather than creating a fresh post . . . “Denmark Plans to Be Coal-Free in 10 Years, Totally Clean-Powered in 35” and more worryingly . . . “Unidentified Drones spotted over seven French nuclear sites, says EDF.”