Competitiveness of solar PV power improves

http://www.bnef.com/WhitePapers/download/82  

• Solar photovoltaic (PV) panels is now much closer to competitiveness with conventional electricity generation than many policy-makers and commentators have realised.
• Average PV module prices have fallen by nearly 75% in the past three years, to the point where solar power is now competitive with daytime retail power prices in a number of countries.
• The metrics generally used to measure the economics of solar power against alternative power generating technologies are often inadequate, and may introduce bias against the deployment of PV technology.

The paper was written by 10 authors with exceptional insight into the economics of solar power.