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Cheap Solar Energy and Coal Pricing | The Energy Collective

In a new interview with Deutsche Welle, the CEO of a Germany-based global solar developer made a good case for the potential for solar power to become cheaper than coal sooner rather than later. That would be Bernhard Beck, CEO of BELECTRIC. In the interview Beck had some interesting things to say about the direction of the global solar market and the potential for growth in large-scale solar power generating plants, and if anything, we think his forecast could come true even sooner than he thinks.

Coal mine by Bert Kaufmann.

Solar Power Cheaper Than Coal
BELECTRIC specializes in utility-scale solar power plants as well as rooftop solar, and the former area is where the focus of the Deutsche Welle interview takes place.

According to Beck, large scale solar power in Germany is already “approaching the costs” of conventional power, at 10 euro cents per kilowatt-hour (kWh).

Beck was reluctant to lay out a specific timetable, but he did predict that with additional technological improvements, the cost of solar power in Germany (and by extension, other relatively sun-poor countries), will ultimately fall below the cost of conventional energy.

More http://www.theenergycollective.com//247726/solar-power-cheaper-coal-foreseen-german-solar-ceo

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