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Solar Batteries Power 80% of World at Under 80€/MWh by 2030

Hacker News •
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Solar and batteries can supply 90% of electricity for 80% of the world's population at less than 80 €/MWh by 2030, according to a detailed analysis. The model, using 2030 cost assumptions, shows most regions can achieve this, though high-latitude areas face higher costs due to winter sunshine limitations. Adding wind or hydro significantly helps reduce expenses in these colder regions.

The analysis projects that by 2050, 86% of the population could achieve 90% solar-battery supply below 60 €/MWh, and 93% below 80 €/MWh for 95% coverage, highlighting the technology's long-term cost trajectory.