A Bloomberg article recently discussed the decline in the price of photovoltaic panels in 2011. The article discusses the fact that ?The spot price of solar panels has fallen 47 percent this year, according to Bloomberg New Energy Finance, while crude oil prices have gained 8 percent in New York.?
?
You may think this means there may be a significant burst in solar installation in 2012, but these lower costs may not be sustainable though, since the actual costs involved in the production of solar cells have not declined and is more of a side effect of overproduction. The costs of installing solar cells has declined significantly as better techniques are being used today. The DIY market is responding to the reduction is solar panel costs as well.
?
It will be interesting to see what happens next.
Source: http://h30507.www3.hp.com/t5/The-Next-Big-Thing/Will-solar-energy-shine-in-2012/ba-p/104897
monkey bread letter from santa sweet potato pie sweet potato pie twas the night before christmas detroit lions cincinnati bengals
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.