Home » Other » Solar and Wind will continue to thrive because of economics, not politics
Warning: Use of undefined constant single_postformat - assumed 'single_postformat' (this will throw an Error in a future version of PHP) in /home/www/wwwroot/alloy.wiki/vews/8576a81b5d/single.php on line 24
class="container-posts single_postformat post-3941 post type-post status-publish format-standard hentry category-other odd">

Solar and Wind will continue to thrive because of economics, not politics

Posted by: Alloy 2021-02-24 Comments Off on Solar and Wind will continue to thrive because of economics, not politics

As the world still ponders over the amount of impact Trump’s negative climate change policies will have on renewables, many experts are coming forward to articulate the limited effect Trump can have. On the plains of West Texas, new wind farms can be built for just $22 a megawatt-hour. In the Arizona and Nevada deserts, solar projects are less than $40 a megawatt-hour. Compare those figures with the U.S. average lifetime cost of $52 for natural gas plants and about $65 for coal.
“We said before the election that whoever is elected president, we would be continuing our efforts to go to a low-carbon fleet and also pursue renewables,” said Tom Williams, a spokesman for Duke, the second-largest U.S. utility owner.
In addition to costing, timing will also play a pivotal role in the continued momentum of renewable energies. A solar farm can be erected and fully operational in a matter of months, which is pivotal as the world becomes increasingly dependent on the use of electricity’s, at a faster rate than ever before. In comparison, it takes a number of years to permit, finance and build the giant boilers and exhaust systems found in coal plants. 
Perhaps 5 years ago or even less, there was no doubt that subsidies and regulations were the biggest driver of renewable energies. However, over the last 2-3 years, the industry has seen monumental growth, vastly increased competition and ground-breaking R&D, which in turn has led to significant declines in pricing. Therefore, whether or not government bodies like the idea of climate change or not, will have an increasingly minimal bearing on the prosperity of the industry, consumers and companies alike will continue to invest not because the government give it the thumbs up or thumbs down, but simply because it is economically logical. 
Trump hasn’t indicated whether he’ll push to repeal the tax credits for wind and solar, which were extended for five years at the end of 2015 with bipartisan support. And the Clean Power Plan, which has been suspended pending a U.S. Supreme Court ruling, isn’t scheduled to take effect until 2022. 

However, it should be noted that in a recent interview with the New York Times, Donald Trump began to retract on his previously firm stance against climate change; saying he has an “open mind” on it, whilst also acknowledging “there is some connectivity” between human activity and climate change. 

Solar and Wind will continue to thrive because of economics, not politics

Shanghai Metal Corporation is a trusted aluminum alloyaluminum foil pricestainless steel price and stainless steel manufacturer, kinds of stainless steel in china.

Guest contributors are welcome at the Alloy Wiki.It is a weekly wiki and guide on alloy information and processing technology, while also about the vast array of opportunities that are present in manufacturing. Our team of writers consists of a Machining Material Supplier / Machinist / Tool and Die Maker, a Biomedical Engineer / Product Development Engineer, a Job Development Coordinator / Adjunct Professor, and a President and CEO of a manufacturing facility.

Link to this article:Solar and Wind will continue to thrive because of economics, not politics

Reprint Statement: If there are no special instructions, all articles on this site are original. Please indicate the source for reprinting:Alloy Wiki,thanks!^^