October 5th, 2008
The High Costs of Solar Electric Power
The USA must be the first to stop carbon dioxide emissions and must become independent of foreign oil imports. Converting solar energy into electric power is likely to become a mainstay technology. Costs of recently announced new installations and resulting costs of electricity generation are still very high. It would we wise to analyze and supervise present activities that are paid for by unsuspecting consumers.
Promotion of solar power generation is booming. After analyzing a few of these announcements one is left with quite a few questions. Why are solar farms built when financial data clearly show that solar power is still the most expensive electricity generation technology available?