The Germans are actually ahead in this area because of current governmental price guarantees for selling self produced electricity back to the grid. This is stimulating accelerated cost savings development in the German solar industry.
The Germans are actually ahead in this area because of current governmental price guarantees for selling self produced electricity back to the grid. This is stimulating accelerated cost savings development in the German solar industry.
A bank is usually very reputable in calculating economics.
For the US, pretty much every newspaper in Germany is leftist.
Also, the mentioned bank is a state bank. Usually not the moste creditable ones. Especially not on issues that include subsidies.
Hawaii: already competitive (2009), California: 2011 (assuming 3kW plants)
Reuters [2] writes that "very sunny countries could reach that breakeven in five years[2012] or so, and even cloudy Britain by 2020."
The breakeven is called Grid Parity http://en.wikipedia.org/wiki/Grid_parity
[1] http://www.wm.baden-wuerttemberg.de/fm7/1106/Endbericht%20Br... (German, 2009, this is the report cited by taz.de)
[2] http://www.reuters.com/article/2007/10/19/environment-solar-... (2007)
So it's including geothermal, air heat pumps, zero energy use for residential heating (high insulation and heat recuperation in ventilation systems), etc.