Solar Power Has A Long, Long Way To Go To Be Competitive

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		Tech Science Entertainment Wall Street Markets Strategy Sports Lifestyle Politics Law International Video Latest Retail Wednesday, October 3, 2012 Solar Power Has A Long, Long Way To Go To Be Competitive We told you earlier how many are losing faith in the promise of solar power.  This chart, from AllianceBernstein's Catherine Wood, illustrates one of the reasons: It's a breakdown of various firms' estimates  — and the date the forecast was published — for when photovoltaic electricity generation will reach "grid parity" or become cost competitive with other power sources.  Wood writes: If I were a cynic, I would suspect that company executives were trying to encourage analysts to include a growth spurt in the more distant years of their earnings models. But even a massive growth spurt would not make the economics of solar work, in our analysis. Read » Also On Money Game Today: STOCKS GO NOWHERE, OIL PLUNGES, TURKEY STRIKES SYRIA: Here's What You Need To Know Oil Is Getting Demolished Advertisement CHART OF THE DAY: Printing Money Like Crazy Sometimes Leads To Burning Witches At The Stake CHART OF THE DAY: The Divergence Between Stocks And Earnings Guidance Is Driving The Bears Absolutely Crazy CHART OF THE DAY: US Oil Production Just Surged To A 15-Year High Share this: Facebook Twitter Digg Reddit StumbleUpon LinkedIn The email address for your subscription is: ipat39@gmail.com Change Your Email Address | Unsubscribe | Subscribe | Subscribe to the Money Game RSS Feed Business Insider. 257 Park Avenue South, New York, NY 10010 Terms of Service | Privacy Policy

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