A new IRENA report finds that 24/7 “firm” clean energy is cheaper than coal and gas in many parts of the world. The Iran war may catalyze faster adoption.
A new IRENA report finds that 24/7 “firm” clean energy is cheaper than coal and gas in many parts of the world. The Iran war may catalyze faster adoption.
Same reason why the cheapest option for a household that already owns a gasoline powered vehicle is to keep using the vehicle they already own.
If it were starting from scratch, solar+battery would be cheaper than new gas. But as it stands now, the gas plant is already built and operational, so a new solar plant would have to compete with “already built, no additional funds necessary for construction.”