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Business/Finance See other Business/Finance Articles Title: Solar power complimented by cheap natgas U.S. had no winter this year. Obviously, a nation of +300 million not having to kick up the heat as much will do a lot to suppress natural gas demand. Increased use of natural gas for transportation (15-20 natural gas fueling stations are being built every month) will help eat up some supply. And so will the construction of new natural gas generation plants to replace outdated coal-burning ones utilities are choosing to shut down as they reach the end of their useful lives. But the main reason the boots and Birkenstocks will come together is that they need each other. Complementary interaction with renewables is a major market for natural gas. Conversely, a natural gas backup helps solve the intermittent issues of solar and wind. I've always said it's not an either/or but an and/when. Yet it's a simple notion even sophisticated investors can't get through their minds. Fossil fuels and renewables aren't competitors. They're bedfellows. It's not boots or Birkenstocks; it's boots and Birkenstocks. The faster you realize this, the more money you'll make. Solar Going Parabolic Solar consumption is going parabolic. That's when you get a hockey stick chart up and to the right. That's when people get rich. This isn't speculation. This is fact. The just-released BP Statistical Review (yes, this is coming from an oil company) shows global solar generation almost doubled last year to over 55 terawatt-hours (TWh). Solar Installation Growth It's followed a pattern of nearly doubling every year for six or seven years now. That's parabolic growth. Numbers don't lie. The world will install approximately 27 nuclear power plants' worth of solar this year — about 29.9 gigawatts. And with every cent the cost of solar ticks lower, more will be installed. That happens every day... with some very major cost-cutting advantages looming just on the horizon. As I told you last week, solar panels cost more than $70/watt when Jimmy Carter put them on the White House. Today a total installed system goes for less than $5.50/watt. And most of that cost isn't even the panel. Take a look at the breakdown: Solar Costs 2011 As costs continue to fall across the board, look how the breakdown will be in 2016, just a few years from now: Solar Cost 2016 Data shows that as solar costs fall to $3.50/watt, demand will increase by 14 times. That hockey stick chart of solar installations will continue its moonward climb. Later this week, I'm going to reveal a company that has a simple patented process for lowering the cost of solar panels dramatically — perhaps by as much as half. I'm convinced its technology is the missing piece of the solar puzzle — and will lead to a windfall for the industry and its shareholders. Nick Hodge follow basic@nickchodge on Twitter Nick is an editor of Energy & Capital and the Investment Director of the thousands-strong stock advisory, Early Advantage. Co-author of the best-selling book Investing in Renewable Energy: Making Money on Green Chip Stocks, his insights have been shared on news programs and in magazines and newspapers around the world. For more on Nick, take a look at his editor's page. Post Comment Private Reply Ignore Thread Top • Page Up • Full Thread • Page Down • Bottom/Latest
#1. To: Tatarewicz (#0)
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The relationship between morality and liberty is a directly proportional one. "If you love wealth more than liberty, the tranquility of servitude better than the animating contest of freedom, depart from us in peace. We ask not your counsel nor your arms. Crouch down and lick the hand that feeds you. May your chains rest lightly upon you and may posterity forget that you were our countrymen.” —Samuel Adams America: Israel's Handmaiden
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