2017.05
There’s been a decade of talk about if solar (or wind) has reached grid parity. And now, with the increased use of batteries and storage, the question becomes more relevant, as renewables can supply electricity beyond the generation time. But really, the concept of grid parity is based on the calculation of levelized cost of electricity (LCOE), which, when given the suitable parameter inputs, gives a value for PV of about $0.12/kWh.
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