The US Energy Information Agency reported another build in fuel supplies last week on low demand and high production. If crude supplies continue on this trajectory another few weeks, they may hit record levels. And lower heating needs from the fast-approaching Spring mean that diesel prices are indeed close to the parity with gasoline I mentioned (more…)
Posts Tagged ‘price’
US Oil Supplies Climb Further – Records May be Tested
Wednesday, March 18th, 2009Solar Prices Poised to Fall Dramatically
Friday, February 13th, 2009
I’ve been blogging a lot these days on the slow change in overall solar module prices, which have fallen a few percent while oil and natural gas prices fell ~65%. Long-term contracts make up a larger share of the module flow, so that the rise of supply above stagnant demand will take several months to translate into a big drop in solar’s price. But apparently that big drop is still on the way… (more…)
Solar power prices continue slide
Friday, February 6th, 2009The monthly review released today by solarbuzz.com shows solar prices have fallen a bit further over the last month. Prices fell more slowly than last month due to price stability in Europe, but made a step in the right direction. While this price remains significantly above that of coal, oil, and natural gas – it positions solar closer to achieving grid parity in the mid-2010s. (more…)
Europe Solar Price Falls to Record Low, Global Prices Begin Drop
Wednesday, January 7th, 2009Solar prices have finally begun their downward trajectory in January, as revealed by the monthly survey just released on solarbuzz.com. Solar panels have not had the volatile prices of fossil fuels over the past year. Solar prices neither rose in early 2008 while coal, oil, and natural gas skyrocketed through early July nor did solar prices fall 60+% since July like those same fossil fuels. That steady price made solar look brilliant in the summer but it backfired when (more…)