Solar’s Tipping Point Is Already Here

This chart was timely coming out of yesterday’s Texas Renewable Energy Industry Association’s (TREIA] energy forum. The forum addressed a lot of the challenges around “resource adequacy” and the power grid. Solar played a big a part in the discussions for some obvious reasons, but one of the things that resonated with me was the fixed price element. Both panels agreed, that’s something more conventional power can’t compete with. Other thoughts centered on solar’s growing pains, with most shrugging their shoulders at the cost of panels and global competition. I pulled the chart below from this report from McKinsey.

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