Solar Energy Thrives in Face of Cheap Oil

The video discusses the rapid growth of solar energy, highlighting its competitiveness despite fossil fuel subsidies. It addresses the challenges of net metering and the impact on the grid, emphasizing consumer-driven change. Regulatory support, such as tax credits, is crucial for long-term success. Despite market challenges, the fundamentals of the solar industry remain strong, with high consumer demand and quality assets driving growth.

What is a significant factor that makes solar energy competitive with fossil fuels?

• Lower installation costs

• Increased government regulations

• Higher subsidies for solar energy

• Aging transmission and distribution lines

How does rooftop solar contribute to the strength of the grid?

• By increasing the number of substations

• By reducing the need for transmission lines

• By decreasing consumer choice

• By requiring more regulatory oversight

What recent development has provided long-term support for the solar market in California?

• Increase in fossil fuel prices

• Reduction in solar panel costs

• Establishment of long-term market support

• Introduction of new subsidies

What is a key reason for the strong fundamentals in the solar industry despite market challenges?

• Decreasing quality of solar assets

• High consumer demand and savings on electricity

• Lack of competition in the market

• Increased government intervention

Why are some solar companies struggling to raise capital?

• Because of increased competition

• Due to poor quality assets

• Because of high entry barriers

• Due to low consumer demand