Monday, July 26, 2010

The Cross Over

If we could only do what was in our best interests, this would have happened a long time ago. But, An item in todays NY Times Business News announced that a historic cross over point had been reached. The cost of photvoltaic, or solar power has finally declined to the point where it is now cheaper than nuclear. The cross over occurred when the cost of solar power dropped to 16 cents per kilowatt hour.

"Solar photovotaics have joined the ranks of lower-cost alternatives to new nuclear plants," John O. Blackburn, a professor of economics at Duke Universtiy, in North carolina, a graduate student, wrote in the paper, "Solar and Nuclear Costs-The Historic Crossover."
Read the entire article here.....

2 comments:

mud_rake said...

Very good news you bring to us, Microdot. I must have missed this historic scientific break-through. The sun- at last! Just think of how many wasted years- centuries in fact- that we have been burning fossil fuels when the sun shone down on us the same as it does today.

Pollution, wars, lost lives and other assorted disgusting outcomes of depending on fossil fuels!

Engineer of Knowledge said...

Hello Microdot,
Well this news has not come too soon and is good news in fact. If this country had followed Jimmy Carter's lead in the late 1970's we would have been ahead of the technologcal curve instead of behind it as we are today.