World’s Cheapest Solar Power in Mexico a Coal-Killer

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No wonder the fossil fuel companies are fighting so hard to block renewable energy development. It’s only a matter of time before consumers realize how cheap renewables compared to oil, gas and coal. When that happens, the fossils can kiss their ill-gained profits goodbye.

olddogthoughts

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Not only is the sheer amount of solar power generation increasing at blinding speed but the cost is plummeting in unrigged markets, as well. Mexico just accepted bids of 1.77 cents per kilowatt hour. That is, if you had 10 light bulbs with a brightness of 100 watts each, and you burned them for one hour using electricity generated by the solar farm to be built in Mexico by 2020, that would cost you 1.7 cents. In most states in the US it would now cost you 8 cents to 22 cents, if the electricity were generated by coal and natural gas.

World’s Cheapest Solar Power in Mexico a Coal-Killer

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2 thoughts on “World’s Cheapest Solar Power in Mexico a Coal-Killer

  1. “It’s only a matter of time before consumers realize how cheap renewables compared to oil, gas and coal. When that happens, the fossils can kiss their ill-gained profits goodbye.”

    I can but hope! But what I’d really like to see is an end to fossil fuel powered vehicles.

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  2. Electric cars are already really popular here in New Plymouth, Shelby. New Plymouth is what is called a “service city,” which means we serve all the farms in a 200 km area around us. Electric cars are ideal for people who live in the villages around us to make the 20-30 min trip to town – mainly because they’re so much cheaper to run than gas-powered cars. Our climate justice group is going to feature some electric cars in the xmas parade on Saturday. It has to have a xmas theme, so we’re calling it “Electrify Your Christmas.”

    Electric vehicles are even catching on in the US – here is a map of all the current charging stations: https://www.plugshare.com/

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