Full Title: Solar and Nuclear Costs — The Historic Crossover: Solar Energy is Now the Better Buy
Author(s): John O. Blackburn and Sam Cunningham
Publisher(s): Center for Climate and Energy Solutions
Publication Date: July 1, 2010
Full Text: Download Resource
Description (excerpt):
Solar photovoltaic system costs have fallen steadily for decades. They are projected to fall even farther over the next 10 years. Meanwhile, projected costs for construction of new nuclear plants have risen steadily over the last decade, and they continue to rise. In the past year, the lines have crossed in North Carolina. Electricity from new solar installations is now cheaper than electricity from proposed new nuclear plants. This new development has profound implications for North Carolina’s energy and economic future. Each and every stakeholder in North Carolina’s energy sector — citizens, elected officials, solar pow- er installers and manufacturers, and electric utilities — should recognize this watershed moment.