US studies show 2050 cost forecasts for solar, wind and batteries far too high

For years, US solar insiders have watched cost forecasts miss the mark. Now, new research confirms what industry trends already made clear by 2023: most 2050 projections for solar, wind, and batteries weren't even in the same ballpark.From pv magazine USA Researchers have found that historic projections of solar and energy storage costs have consistently underestimated the pace of price declines. In the study "Are we too pessimistic? Cost projections for solar photovoltaics, wind power, and batteries are over-estimating actual costs globally," the authors reveal that about half of 2050 cost projections ...

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