Solar energy costs have fallen to between one-fifth and one-tenth of their cost 10 years ago, and in suitable environments, solar is now cost-competitive with traditional fossil fuel-based electricity generation.
factualpending
Speaker
Michael SpenceEvidence Quote
“solar is costs about somewhere between a fifth and a tenth of what it did 10 years ago... competitive with uh traditional fossil fuel-based you know electricity generation”
Source
Nobel Prize-Winning Economist Sees Era Of "Permacrisis" Ahead | Michael Spence (w/ Adam Taggart)— Adam Taggart | Thoughtful Money®Created: 8/11/2026, 1:51:12 AM
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