Economic impact of solar power is reportedly much worse than other renewable sources

Think twice about solar-Go Passive


wind, energy, european union, power, solar, nuclear

Solar power solutions have generally been considered to be a reliable source of renewable energy, with a seemingly continuous string of technological advancements being made. While harnessing the sun’s natural power certainly seems like a good idea, a new report suggests it may not be as economical as it seems.

The European Union has published a report stating the economic impact of solar related technologies outweighs the benefits in many cases. Not only is it extremely costly in terms of operation, but also in terms of its economic effect on the climate, resources and pollution among other things.

The report factors in all of these conditions in order to derive an economic cost per megawatt-hour for each of the major power sources. While the study is from 2012, many believe the data is still relevant today despite advancements being made in manufacturing processes and materials.

Based on the analysis, commercial solar power…

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PATCO BLOG IT ALL....sit back - relax and enjoy it all. Thanks for the peak!
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