Renewables are cheaper than chips

One of those weirdly framed articles where you wonder if the headline writer misunderstood the author. Here’s the headline:

Energy firms urged to mothball coal plants as cost of solar tumbles”.

Whereas the first two paragraphs are:

“Building new solar power projects would generate cheaper electricity than running most of the world’s existing coal power plants, according to a global renewable energy report.

“New figures have revealed that more than half of the world’s coal plants could be undercut by the falling cost of new large-scale solar projects, which are now more than 80% cheaper to build than in 2010.”

Which is not the same thing as urging firms to mothball coal plants.

Not to mention the fact that the sun doesn’t shine at night, which the headline writer may have overlooked.

In the end, the article is actually about the falling cost of renewables, which is good.

“In under a decade the cost of large-scale solar power has fallen by more than 80% while onshore wind has fallen by almost 40% and offshore wind has declined by almost 30%.” 

Yay.

[Cover photo: World’s largest solar plant at Moura, Portugal. Universal Images Group/Getty Images]