$29.10 That’s the price of solar power that won the electricity auction in Chile recently – $29/megawatt hour. Total pricing in the auction, which provides about a third of the country’s capacity, was down 40% from a similar process last year, with renewables winning more than half of the contracts. For reference, here are the […]
87%. This past Sunday, May 8, for a brief time Germany produced 87% of its total energy consumption from wind and solar. Power prices were actually negative for a few hours. Germany, 4th largest economy in the world. Of course this doesn’t happen every day. Of course there has been some up-front cost to the country’s […]