The Solar Trade Association (STA) have today published new analysis showing that the cost of generating electricity from a typical 10MW solar farm in the UK is set to fall faster than many think over the next 15 years. The report, Cost reduction potential of large-scale solar PV, is based on a survey of the trade association’s member companies and their cost forecasts between now and 2030. It finds that as long as the Government provides stable policy support, it will be cheaper to generate electricity from solar than by burning gas as soon as 2018 – just four years from now.
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