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Joint IEA-NEA report details plunge in costs of renewable electricity; nuclear competitive with other baseload power sources

Green Car Congress

2010 and 2015 LCOE ranges for solar and wind technologies. The cost of producing electricity from renewable sources such as wind and solar has been falling for several years. Bottom: LCOE ranges for solar PV and wind technologies at three discount rates. Source: IEA/NEA. Click to enlarge. Source: IEA/NEA.

Cost Of 150
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Why Warren Buffett is investing in electric car company BYD - Apr. 13, 2009

Tony Karrer Delicious EVdriven

They think BYD has a shot at becoming the worlds largest automaker, primarily by selling electric cars, as well as a leader in the fast-growing solar power industry. Today BYD employs 130,000 people in 11 factories, eight in China and one each in India, Hungary, and Romania. tons of carbon dioxide.

BYD 62
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Buffett's Chinese electric car company

Tony Karrer Delicious EVdriven

As if that were not enough, I’m hearing now that BYD is on the verge of a breakthrough in the solar power business and that the company has big plans to make rechargeable batteries at a utility scale to store energy from intermittent, renewable sources like wind and solar.

Chinese 28