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Drawn from what Casey Handmer and Ramez Naam said
On the topicHow 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
Word for word, with the source under each one. They did not write this page.
Physicist, formerly at NASA's Jet Propulsion Laboratory
Their wordsPer 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
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↗Radical Energy Abundancecaseyhandmer.wordpress.com
All 7 korrents from this piecethis one is 1st
Author and clean-energy investor who has been publishing…
Their wordsThe 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.
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Added to korrents 11 Oct 2023 · How quotes work · Something wrong? Tell us
Supports
More than 95% of the energy humanity uses will come from solar panels by 2042.
The forecast that almost all of humanity’s energy is downstream of solar panels by 2042 is an extrapolation, and what it extrapolates is the learning rate. If the 30-40% decline per doubling stops, the date goes with it.
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