Solar’s Insane Cost Drop the following graph from investment - TopicsExpress

Solar’s Insane Cost Drop the following graph from investment bank Sanford Bernstein is quite stunning – not just for its simplicity but because it draws attention to the potential impact of solar to the $5 trillion global energy market. Bernstein says solar PV is now cheaper than oil and Asian LNG (liquefied natural gas). It does its calculations on an MMBTU basis. MMBTU is the standard unit of measure for liquid fuels, often referred to as one million British thermal units. cleantechnica/2014/04/16/solars-dramatic-cost-fall-may-herald-energy-price-deflation/

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