Solar now being the cheapest energy source made its rounds on Lemmy some weeks ago, if I remember correctly. I just found this graphic and felt it was worth sharing independently.
Solar now being the cheapest energy source made its rounds on Lemmy some weeks ago, if I remember correctly. I just found this graphic and felt it was worth sharing independently.
OP’s data is LCOE, which takes into account much more than $/MW. Rather importantly, expected operating liftetime is a major component (and historically THE major economic downside of PV).
IIRC, LCOE is calculated for utility-scale solar, which has seen a 500% decrease according to your chart.
Finally, Neither chart specifies, but if OP’s is in constant dollars and yours isn’t that would explain a lot as well.