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Solar might be better than you are estimating. It was a year ago that news reports told us that HALF of German electricity was coming from solar power. As the higher capacity has grown, a lot from government incentivized demand, the economics of solar panels have gotten much better. With economies of scale, and better processes, solar panels are not that uneconomical. I think they are under 150% the cost of coal power electricity.tom aaron said:It's not wasteful or efficient. It depends on capital investment and operating costs. Thus why nuclear is not feasible in most western nations. Even France is phasing out its percent of nuclear generated electricity. Germany, etc. are going to be replacing imported electricity with fossil fuels.
The majority of new capacity in the world will be what is being built now...as will be built in a decade...coal and natural gas generating stations. Solar, wind, etc. are feel good minor tinkering around the edges. The inefficiencies, capital costs, operating costs of alternative energy make them no more more than a footnote to energy needs.
When I've looked at rooftop solar panels, they definitely pay for themselves in my sunny spot in Utah. But the lifetime used is generally 20 years. I believe that they are warrantied to be at 80% of the original capacity at 20 years.
The cost per watt keeps dropping on panels. My understanding is that a very large part of that is simply economies of scale as the factory infrastructure is built and operated at higher capacity. I don't think there is much further to drop, but the cost is fairly competitive now. A lot of the cost side has yet to be fully worked thru, as maintenance and true lifetime power curves are still changing.