California's solar solution

It is fast becoming clear that California-style auctions of supply contracts are best for the solar industry and consumers. And what they’re revealing is solar is more cost competitive than most people thought.

As renewable energy nears competitiveness with fossil fuels and nuclear power, California-style auctions of supply contracts may be a better way to drive value for consumers than calculated subsidies.

Germany's solar industry and green groups on Monday protested in Berlin over sharp cuts to support, which guarantee a premium power price over 20 years.


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