oil supply sigint

[grarpamp]

https://www.bloomberg.com/news/articles/2016-12-15/world-energy-hits-a-turning-point-solar-that-s-cheaper-than-wind

A transformation is happening in global energy markets that's worth
noting as 2016 comes to an end: Solar power, for the first time, is
becoming the cheapest form of new electricity. This has happened in
isolated projects in the past: an especially competitive auction in
the Middle East, for example, resulting in record-cheap solar costs.
But now unsubsidized solar is beginning to outcompete coal and natural
gas on a larger scale, and notably, new solar projects in emerging
markets are costing less to build than wind projects, according to
fresh data from Bloomberg New Energy Finance. The chart shows the
average cost of new wind and solar from 58 emerging-market economies,
including China, India, and Brazil. While solar was bound to fall
below wind eventually, given its steeper price declines, few predicted
it would happen this soon.