When is the renewable energy crossover?
Renewable Energy World
27 May 2011
As much as some people look forward to the Rapture, people in the renewable energy space look forward to “the crossover.”
The crossover is the point in time where the costs of solar energy fall below the price of fossil fuels.
The importance of this point can’t be over-estimated, because costs will keep falling after that point.
Solar energy will become the cheap energy, then the cheaper energy, then the cheapest energy, reaching a point where it costs less to harvest solar energy than to dig up stuff to burn.
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