All the costs have been falling, at various rates.
It's amusing to see "permitting costs" being presented as a barrier, when at the same time "get rid of regulations" is spouted as the panacea for reducing nuclear's costs.
It's amusing to see "permitting costs" being presented as a barrier, when at the same time "get rid of regulations" is spouted as the panacea for reducing nuclear's costs.
There is also only so much more efficient the panels can get per sq m. Right now we are approaching 20% efficiency, so the idea that they are going to get 10* cheaper with complete ease seems to be pushing it.
Regardless solar and wind have a lot of externalities that aren't really priced into these 2c/kWh PPA prices. If you need to build a fleet of natural gas plants that are only operational 10% of the time and therefore cost 50c/kWh to take up the slack from low solar days it needs to be priced in somehow.