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Wednesday, 31 August 2016

Chile Solar Electricity Cheapest Of All




Solar Delivers Cheapest Electricity ‘Ever, Anywhere, By Any Technology’


Half the price of coal!



Chile has just contracted for the cheapest unsubsidized power plant in the world, Bloomberg New Energy Finance (BNEF) reports.
In last week’s energy auction, Chile accepted a bid from Spanish developerSolarpack Corp. Tecnologica for 120 megawatts of solar at the stunning price of $29.10 per megawatt-hour (2.91 cents per kilowatt-hour or kwh). This beats the 2.99 cents/kwh bid Dubai received recently for 800 megawatts. For context, the average residential price for electricity in the United States is 12 cents per kilowatt-hour.
“Solar power delivers cheapest unsubsidised electricity ever, anywhere, by any technology,” BNEF Chair Michael Liebreich said on Twitter after this contract was announced.
Carlos Finat, head of the Chilean Renewable Energies Association (ACERA) told Bloomberg that the auction is “a strong warning sign that the energy business continues on the transition path to renewable power and that companies should adapt quickly to this transition process.” Indeed, in the same auction, the price of coal power was nearly twice as high!
Grid-connected solar power on Chile has quadrupled since 2013. Total installed capacity exceeded 1,000 megawatts this year — the most by far in South America. Another 2,000 megawatts is under construction, and there are over 11,000 megawatts that are “RCA Approved” (i.e. have environmental permits).


The Strategies of Global Warfare: Washington’s Military Design in the Asia-Pacific

China, North Korea as well as Russia are potential targets under Obama’s “Pivot to Asia”, involving the combined threat of missile deployments, naval power and pre-emptive nuclear war. Major military and covert intelligence operations are being undertaken simultaneously in the Middle East, Eastern Europe, sub-Saharan Africa, Central Asia and the Asia Pacific region. The planning of military operations is coordinated with non-conventional forms of warfare including regime change, financial warfare and economic sanctions. All the safeguards of the Cold War era, which categorized the nuclear bomb as “a weapon of last resort”, have been scrapped.
A Thousand Balls of Flame 

The US has squandered a fantastic sum of money fattening up its notoriously corrupt defense establishment with various versions of “Star Wars,” but none of that money has been particularly well spent. 


Inside the CIA's Secret Drone War
From drone operators to strike victims, we examine the impact of remote-controlled killing and the future of warfare.

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