Solar Power Capacity Installs Surpass Wind and Coal For Second Year
Lucas123 writes: Residential rooftop solar installations hit a historical high in the first quarter of 2015, garnering an 11% increase over the previous quarter and a 76% increase over the Q1, 2014. New installations of solar power capacity surpassed those of wind and coal for the second year in a row, accounting for 32% of all new electrical capacity, according to a new report by GTM Research and the Solar Energy Industries Association. Residential solar installation costs dropped to $3.46 per watt of installed capacity this quarter, which represents a 2.2% reduction over last quarter and a 10% reduction over the first quarter of 2014.
I know the average Slashdot reader doesn't bother to click through to the linked articles anyway. But to then just provide no clickable links whatsoever is a bit harsh, don't you think?
One of the hallmarks of PV solar and wind (turbine) power is that its installed capacity is so completely out of sync with its utilization rate. While a coal, nuclear or gas plant can hit utilization rates of 90 - 99%, PV solar and wind tend to fluctuate around 20-30%.
/., I believe this article is what is referred to as a 'circle jerk' :)
In short, 70-80% of installed PV solar and wind capacity has to be discarded in order to close to the utilization percentage. It also means that you need 3-5 times as much installed capacity to get near the power delivered figures for baseload power sources.
In summary, in terms commonly used here in
Site & blog: http://www.mayaposch.com
I installed 48 panels on my roof back in 2003 which generate up to 8.8 kW DC (7.5 kW AC). The installation generates 10,500 to 12,000 kWh per year depending on the weather. The total cost was $65,000 which after subsidies and tax breaks dropped to $31,000 - which is roughly the same as my installation would cost today before any subsidies. Since installation I've had to cover the meter rental (currently 16.3 cents per day) but I've had no other utility costs and no maintenance costs.
In the year before I installed solar, electricity cost me a tad under $3,000. Utility costs have increased considerably since then, so I've more than covered the cost of the installation. And I should have another 20 years of life in the panels. Perhaps more.
If you plan to stay in your house for 10 years or more, it may make good financial sense to consider solar. Based on my experience, it's certainly worth considering.
For the U.S.:
So solar has to have about 40% more installed capacity than wind to generate as much power. It needs almost 4x as much installed capacity as coal to generate a comparable amount of power. And it needs 5.5x as much capacity as nuclear to be comparable. Comparing power generation based on installed capacity is like trying to compare how much food people eat based on the size of their refrigerators.
Just so we are clear, you are calling Hungarian Jew George Soros, who was 15 in 1945, a nazi collaborator? Ok then Glenn Beck...