Re:The price of solar power just fell 50% in 16 months
by ohitsdom on Tuesday May 03, 2016 @11:52AM
(#11621715)
An entire industry can't just lower prices to meet a competitor.
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Re:The price of solar power just fell 50% in 16 months
by rhino369 on Tuesday May 03, 2016 @02:47PM
(#11623184)
Without subsidies an industry can't not just lower prices to meet a competitor.
Especially with the sort of auction pricing in energy markets. If the going rate for energy is 5 cents a KW*hour, then you can't sell it for 6 cents.
Solar survives off subsidies in the USA. Though in places like Dubai it might be a competitive energy provider.