Solar Renewable Energy Credit allows New Jersey Homeowners to Earn Big Money for Solar Pow
U.S. Solar Industry had Successful 2009, according to study
Obama seeks to end Oil & Gas Subsidies while increasing Renewable Energy funding
Solar Panel Stocks In For Bumpy Ride; Stocks Drop due to Weak Demand & Over-Supply
MiaSole Thin-Film Solar Panel Review - Amazing 15.7% Efficiency
China Announces Focus on Renewable Energy and Nuclear Power
Kyocera Achieves World Record Solar Module Efficiency
Mexico Considers 10 Nuclear Power Plants to Reach Clean Energy Mandates
Market Analysts Fear Solar Profits Will Drop Despite Recent Surges in Sales
Castor Beans Help Reduce Solar Panel Manufacturing Costs
Geothermal Energy Produces almost 8 GW of Electricity in U.S.
Solimpeks Hybrid Solar Panel Raises PV Efficiency to 28 Percent
Finland Gives OK To Nuclear Power Expansion
Transparent Solar Material Could Lead to Solar Windows
U.S to Build 16 Gigawatts of Renewable Energy from Recovery Act Funds
Solar Energy is Now Cheaper to Produce than Nuclear Energy
Solar energy recently replaced nuclear energy as the least expensive renewable energy source, according to a paper published by Professor John O. Blackburn and graduate student Sam Cunningham, both of Duke University. The paper, titled "Solar and Nuclear Costs - The Historic Crossover," documents how recent changes in the costs of both solar energy and nuclear energy caused the graphs of their prices to meet at a price of 16 cents per kilowatt-hour, and then to cross.
Nuclear energy had long been the cheapest form of renewable energy production, and currently receives many government subsidies, despite the risks associated with its production and development. Its costs, however, have been steadily rising. In 2002, building a nuclear reactor cost $3 billion; by 2010, this cost had risen to $10 billion.
Recent advances in solar panel technology, on the other hand, have made solar energy cheaper and more efficient to produce. The production of solar energy is also cleaner and far less risky than that of nuclear energy. Blackburn and Cunningham hope that their findings will help guide the U.S. to increase their subsidies for solar energy, which are currently far less than those offered to producers of nuclear energy.
Recommended for Further Reading:
- Solar Renewable Energy Credit allows New Jersey Homeowners to Earn Big Money for Solar Pow
- U.S. Solar Industry had Successful 2009, according to study
- Obama seeks to end Oil & Gas Subsidies while increasing Renewable Energy funding
- Solar Panel Stocks In For Bumpy Ride; Stocks Drop due to Weak Demand & Over-Supply
- MiaSole Thin-Film Solar Panel Review - Amazing 15.7% Efficiency
- China Announces Focus on Renewable Energy and Nuclear Power
- Kyocera Achieves World Record Solar Module Efficiency
- Mexico Considers 10 Nuclear Power Plants to Reach Clean Energy Mandates
- Market Analysts Fear Solar Profits Will Drop Despite Recent Surges in Sales
- Castor Beans Help Reduce Solar Panel Manufacturing Costs
- Geothermal Energy Produces almost 8 GW of Electricity in U.S.
- Solimpeks Hybrid Solar Panel Raises PV Efficiency to 28 Percent
- Finland Gives OK To Nuclear Power Expansion
- Transparent Solar Material Could Lead to Solar Windows
- U.S to Build 16 Gigawatts of Renewable Energy from Recovery Act Funds
Solar Panel Stocks In For Bumpy Ride; Stocks Drop due to Weak Demand! Read more http://t.co/d2QpQSpR
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