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Monday, June 23, 2014

The Cold Truth About Coal vs. Solar

The cold, hard truth about coal is that it simply cannot compete pricewise with solar.

The latest confirmation comes from Utah, which heretofore has relied upon cheap coal to produce its electricity. The latest power purchase agreements in the state show that the price of electricity from solar is now at grid parity in the Beehive State. And, prices are not going to stop going down—if anything, solar prices are accelerating to the downside.

Read more here.