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The most important thing about solar + wind that everyone has to understand is the learning rate. Here’s a good example. These are both technology + scale driven (like chips or phone cameras). Their input costs are $0, so all manufacturing improvements directly drive down $...
This makes them radically different in their cost structure to fossil fuel based energy sources (that require trucks / trains / ships / fuel / people to run a plant).
They _will_ continue to get cheaper. It’s a certainty. For many years (more likely many decades) to come.
They _will_ continue to get cheaper. It’s a certainty. For many years (more likely many decades) to come.
The factories that generate the panels or turbines get bigger & better, so the source cost goes down.
The companies that build the farm or plant get more experienced & quicker, so the build cost goes down.
The entire ecosystem learns so the build time (cost of money) goes down.
The companies that build the farm or plant get more experienced & quicker, so the build cost goes down.
The entire ecosystem learns so the build time (cost of money) goes down.
A reminder - these are _already_ the cheapest sources of energy generation on the planet. Often (replace with ‘always’ in 1-2 years) cheaper (on a lifetime basis) than the _input cost_ of coal or gas. Just the fuel cost! No running or building the plant.
