Advances in solar power are happening so quickly that they could herald the end of the era of large coal-fired or nuclear power stations in Britain, according to senior executives at National Grid.
“From a consumer’s point of view, the solar on the rooftop is going to be the baseload,” Steve Holliday, the transmission network’s chief executive, said. “Centralised power stations will be increasingly used to provide peak demand.”
His finance chief went even further. Andrew Bonfield said that solar panel costs were falling so rapidly that energy from the Sun was expected to be one of the most cost-effective
Grid shouts it from the rooftops: the future belongs to solar power
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