US installs record solar capacity as prices keep falling
At what point does the accumulation of solar deployed start to threaten the economics of power plant creation?<p>That is... power plants are such significant investments that they are only viable with a government guarantee on future price and demand. But with renewables being deployed at large scale, those guarantees would start being something a gov would pick up the tab on rather than long-term by consumers.<p>Which is to hypothesis that the gov won&#x27;t want to pick up the tab, prices of grid energy will rise fast, and there&#x27;s a long-term incentive to getting off-grid that will accelerate whenever this tipping point occurs.