These days ago we can say that the installation of clean and renewable energies in emerging countries where it is "building" An electrical grid is much cheaper than those based on fossil fuels. If we pass this case on to developed countries, due to the existing infrastructure, we are not in the same position.
But it is a great reality that right now the global energy markets they are in a pure transformation to be marked on the calendar: Solar energy, for the first time, is becoming the cheapest form of new electricity.
Now solar energy is starting to be competitive with natural gas and coal On a larger scale, and notably, new solar power plant projects in emerging markets are costing less to build than wind projects, according to current data from Bloomberg New Energy Finance.
Investing in solar energy has gone from nothing, to a good sum of money in five years. Most of it is due to china, which is rapidly deploying solar power and helping other countries finance their own projects.
It is at auctions where private companies compete for massive contracts to provide electricity, where record after record for cheapest solar power is being set. It started with a contract in January to produce electricity for $ 64 per megawatt hour in India; Then another deal was signed in August for $ 29,10 for the same amount. That's a record lowering the price of coal-based energy by half.
And it is that renewables are entering the era of cut fossil fuel prices. In general, clean energy can be more expensive in developed countries, where demand for electricity is stagnant or declining, and new solar energy has to compete against coal and natural gas plants.
But they are the countries in which it is being installed a new electrical infrastructure in which renewable energies beat another type of technology. India itself I create the largest solar power plant of the world days ago.