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Every doubling of the solar built worldwide has cut its price by 30 to 40 per cent, and that learning rate is why the price keeps falling.

Drawn from what Casey Handmer and Ramez Naam said

solarenergy

How cheap does solar get, and what does that change?under our view: The price falls a fixed amount with every doubling, and it has not stopped

What they actually said

  1. Casey Handmer Physicist, formerly at NASA's Jet Propulsion Laboratory Per doubling of production, costs have fallen a consistent 30-40% since 1970, but it’s only in the last few years that this price has become competitive with legacy electricity generation Radical Energy Abundancecaseyhandmer.wordpress.com · 11 Oct 2023All 7 korrents from this piece
    Per doubling of production, costs have fallen a consistent 30-40% since 1970, but it’s only in the last few years that this price has become competitive with legacy electricity generation
  2. Ramez Naam Author and clean-energy investor who has been publishing… The data paint an incredible picture: One that shows the price of solar electricity from utility-scale systems dropping by anywhere from 30-40% with each doubling of cumulative solar deployment. Solar's Future is Insanely Cheap (2020)rameznaam.com · 14 May 2020
    The data paint an incredible picture: One that shows the price of solar electricity from utility-scale systems dropping by anywhere from 30-40% with each doubling of cumulative solar deployment.

Added to korrents 7 Sept 2026 · How quotes work · Something wrong? Tell us

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