'Offensively cheap': solar power is looking up
Summary
Solar power is experiencing a significant cost reduction, making it an increasingly affordable option for renewable energy adoption.
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"Offensively cheap": Solar power is looking up
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@FinanceYF5: 1/ Electricity generation is getting cheaper, but electricity bills are getting more expensive. Solar has become the fastest-growing source of electricity in human history, and lithium battery prices have fallen more than 90% in a decade. But the cost of delivering electricity to your home keeps rising. a16z's latest long-form article explains this paradox thoroughly.
This tweet discusses a paradox: although the costs of solar and lithium batteries have dropped significantly, the cost of delivering electricity to users has risen instead. The tweet cites a16z's latest long-form article, analyzing the reasons behind rising grid costs.
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