Solar, Wind Jobs to Boom Over Next Decade

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10. The advantage that Wind and Solar have

The advantage that Wind and Solar have is that their fuel input is a given not a commodity that speculators profit from whether the price is going up or down.

The other advantage is that once installed the operational cost is basically nil. With solar panels you get warranties that guarantee 80% of rated output after 25 yrs. Straight line degradation due to exposure of less than .5% per year. So you can expect somewhere around 60% of rated output at 50 yrs!!!

Another major advantage is that since solar panels and wind mills are manufactured products they will get cheaper and see major improvements with time. Solar panels pricing and evolution should be similar to flat screen TV's. Basically, the more that is bought the more money that goes into R&D and investments to make the production more efficient.

Nuclear and coal are dead industries for power production. Nat Gas was the perpetrator. Major nuclear accidents have proved that you can be perfect in their operation for decades and one set of circumstances can cost you for 10,000 yrs - a cost only a fool would consider a good bargain.