Solar industry aims for grid parity in eight years
Solar companies are getting some swagger:
“We designed the eight-year tax credit extension very purposely,” said Rhone Resch, president of Solar Energy Industries Association. “We believe that at the end of that time, solar will have achieved grid parity, which means simply that we will be the lowest-cost source of retail electricity in almost all 50 states.”
If solar power will be cost-competitive with current new coal in eight years, and coal with carbon sequestration is a least 10-15 years out, and coal with sequestration will cost substantially more than current new coal … explain to me again why anybody thinks coal with sequestration will be implemented on a wide scale in the U.S., ever? I don’t get the math.