Comments on: How to reform EU power markets: is a capacity market necessary? https://energytransition.org/2015/01/how-to-reform-eu-power-markets-capacity-market/ The Global Energiewende Thu, 08 Jan 2015 03:52:43 +0000 hourly 1 https://wordpress.org/?v=6.1.1 By: photomofo https://energytransition.org/2015/01/how-to-reform-eu-power-markets-capacity-market/#comment-4292 Thu, 08 Jan 2015 03:52:43 +0000 http://energytransition.boellblog.org/?p=7101#comment-4292 If you had told me that a 60 inch TV would soon cost $1000 four years ago I would have had a hard time believing that. Nowadays I’m prone to believe a 60 inch TV may cost $500 in the not too distant future.

PV costs in Europe came down another 15% in 2014. This is the 6th straight year in which annual costs came down by 15 to 25%. If the pattern continues PV will become the undisputed go to source for daytime generation before the end of the decade. A carbon market is not required if clean generation technologies are cheaper.

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