The Way Forward – Benign Renewables

‘Solar power will reach commercial “take-off” within a decade and displace fossil fuels to become the world’s biggest source of electricity by 2050, according to stunning new forecasts from the International Energy Agency. The IEA said the cost of photovoltaic panels would continue to plummet. Solar has already achieved “socket parity” for consumers in a string of countries, chiefly due to a fall in the price of solar cells to $0.80 a watt from $4 in 2008. The agency expects prices to reach $0.30 by 2050, though what increasingly matters is the rapid fall in “soft costs” for installation as solar goes mainstream.’ [All this will also severely reduce the market for nuclear – Ed.)

From The Guardian 30”! September 2014