Does solar power cost less that nuclear?
According to a new study from Duke University, by Prof. Sam Cunningham, 1-1-12,
solar power now cost only .16 cents/ kWh, while energy made by a nuclear power generator cost .17 cents / kWh.
This historical CROSS OVER of the price of solar happened in 2011.
Solar energy now costs less than nuclear power energy.
There is now no reason to continue operating any nuclear power plants in the US.
Mark Cooper, economist @ Vermont Law School, International Energy & Environment, the average cost of a new nuclear reactor is $10 Billion. The price is expected to rise to $1 Trillion by 2020.
There is now no reason to build another atomic reactor.
Solar energy farms cost less to build and produce cheaper electricity.
Solar is safer.
This is great news to announce on the anniversary of the melt down at Fukushima, 3-11-12.
Japan has voted to close all its nuclear power plants by 2015.
Japan is now loaning $ Billions to home owners to install solar panels on their roofs to harvest solar energy.
Japan will be at 100% renewables, solar, etc., by 2050.
India’s cell phone co. AIR tel, just switched from powering 2,000 of its cell phone towers from diesel power to solar power.
India is now switching to solar power, from diesel, for its 500,000 irrigation pumps.
India has now built solar farms producing 20,000 mW of energy, which will allow them to close 18 nuclear power reactors.
India has a law similar to Germany, that pays small solar farm electric producers twice the market rate charged by utilities.
The price is guaranteed for 20 years, so those who invest in solar are assured they will recoup their investments in solar panels, batteries and inverters. Plus they make a middle class income, above their loan costs, for those 20 years.
This is a historical shift away from nuclear power, towards solar power that will radically change the political power structure in India, Germany, California and the world.
Germany, India & 20 nations have governments who invest $ Billions in roof top solar systems
loans provided to home owners for 8 years.
The home owners make a great living & pay back the micro loans in 8 years.
That is why they all lead the US.
Private investors will never help home owners over power utilities.
This is why the US has become a dirt poor Third world nation.
Here comes the sun.
Post time: Jun-16-2017