Will renewable, such as PaloAltoGreen cost, always cost more than regular power?
Based on economic projections, renewable power will be at the same cost as brown power in 5-10 years, thus increasing the use of renewable energy resources. One thing to note is that even now, there are times when natural gas prices spike that wind can even be cheaper than a nonrenewable resource. As of recently, there are also now four large wind turbine manufacturers whose business competition is drastically bringing down the cost of capital for these wind facilities, and ultimately decreasing the cost of the power.
