Another look at solar power
We have had a fair share of discussions as to whether solar energy is cost-effective and practical (generally meaning "what about at night"). An interesting article in Forbes takes a new look.
As the author points out, things are changing quickly admitting that he was laughing at electric vehicles a few years ago. It's a good read to keep you up to date.
Research group HIS predicts that residential PV storage systems will increase from 12 megawatts (MW) in 2012 to 2,500 MW by 2017 – in large part stimulated by Germany’s energy storage subsidy. Germany’s storage incentive (which has 22 million Euros remaining this year) provides a 30% reduction in upfront costs of residential storage systems. The country is reducing its solar feed-in tariffs (how much the utilities pay solar producers for their renewable power). As a consequence, there is increased impetus for storing power on-site and using it when the PV systems are not producing.