Its new-found competitiveness makes solar central to decarbonising power markets and, in time, it can fuel green hydrogen’s push into hard-to-abate sectors. I chatted to Ravi Manghani, Wood Mackenzie Head of Solar, who forecasts in Horizons that solar costs will continue to fall. Solar costs have fallen by 90% this century, most of that in the last decade. We forecast solar capital costs will fall by up to 25% this decadeWe forecast solar capital costs will fall by up to 25% this decade Wood MackenzieWhat can solar producers do about the duck curve? Green hydrogen will play a big role in the transition as a long-duration storage and grid flexibility solution.

Source: Forbes March 18, 2021 13:07 UTC