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Solar power expected to dominate electricity generation by 2050—even without more ambitious climate policies (techxplore.com)

submitted 10 months ago by L4s@lemmy.world to c/technology@lemmy.world

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Solar power expected to dominate electricity generation by 2050—even without more ambitious climate policies::In pursuit of the ambitious goal of reaching net-zero emissions, nations worldwide must expand their use of clean energy sources. In the case of solar energy, this change may already be upon us.

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[–] BeautifulMind@lemmy.world 6 points 10 months ago

This was to be expected- if you amortize over the lifetime of the equipment, it's much cheaper to get your electricity from panels than it is to pay someone to burn fuel and give you electricity. This has been true for years and the biggest obstacle for most people doing it has been available financing to do it. It's better now but in 2013 when I did my system the financing options were terrible compared to, say, purchasing a car. (I also got a car that year and it turns out that auto sellers have in-house banks to facilitate financing, solar rooftop sellers not so much)