this post was submitted on 17 Nov 2023
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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

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[–] Knusper@feddit.de 1 points 1 year ago

Yeah, there may be situations/regions where even the cheapest solar isn't good enough. But at some point, the cost difference does become an oppressive argument. Even at that price in 2019 already, you can use around 75% of your money to build storage or redundancy in multiple regions / with alternative renewables.

And this trend of cost reduction for solar will very likely continue, even if it might start levelling off at some point.