Yes The pallet price of solar panels in the US is below 30 cents a watt. https://a1solarstore.com/wholesale-solar-panels.html And from alibaba, it is below 15 cents a watt. https://www.alibaba.com/product-detail/Longi-solar-Hi-MO-X6-... With full systems below $1/watt. https://www.alibaba.com/product-detail/Moregosolar-hybrid-so...
Can solar costs keep shrinking?
131–140 of 632 posts
Re: Can solar costs keep shrinking?
#132I want labor to be paid, and I also want cheap clean energy. Help me square the circle.
Re: Can solar costs keep shrinking?
#133Earlier quoted context omitted.
Ya, that's Saul Griffith's prediction too. I'll defer to you both. Tragically, I got wonksniped by Pueyo's Henry Adams Curve shout out. TIL He's referring the Roots of Progress thesis. The mythical "stagnation" phenomonen that some "rationalists" used to obsess over. From the hip: the mistake is measuring national vs global per capita energy use. As many, many have noted, we delegated our energy consumption by moving…
> why price of electricity continues to rise despite decreasing production costs. That's economics 201. The price of a commodity is the cost of the marginal producer. So it doesn't matter how cheap some producers are, the price of a commodity is set by the most expensive producer that is meeting demand. So price of electricity won't drop until cheap producers can meet 100% of demand. Until that happens, cheap produce…
Those who can buy their energy in bulk and store it efficiently, or only consume when the price is lower than X, will pay a lower rate than those who cannot store energy, or who pay to have someone else store it (again, arbitrage)
Re: Can solar costs keep shrinking?
#134I have seen a ton of articles about the plummeting 'costs' of solar over the past decade, so I was shocked when I recently got a bunch of quotes for a 10-12KW residential install: they were almost the same as the cost of the 10KW system I had installed back in 2014. So at least here in California, inflation and rising labor costs have eaten up all of those savings.
Re: Can solar costs keep shrinking?
#135Soon (if not already) the largest costs associated with solar installations will be the labor. It's expensive to get people on roofs and electricians to reconfigure panels, install transfer switches, etc. The equipment could be free and it would still cost thousands for the skilled trades to install.
There are unfortunate side effects to this, even besides the attacks on net metering that have cut financial returns for existing solar customers. Distributed generation is more resilient. With a battery, you can keep your electricity during a power outage. Outages themselves are more isolated - with a VPP individual neighborhoods could keep power, while if a transmission line to a major solar farm goes down, a whole city could lose power. Large solar farms would be huge targets for warfare or sabotage, and wouldn't last very long at all. Transmission lines to them are vulnerable to natural disasters. Economically, large utilities have more market power and can capture their regulators, leading to higher prices and poor service for consumers.
But the economic benefits of scale make it harder to justify putting panels on each individual home, when the same generation capacity can be built much cheaper at a solar farm.
Re: Can solar costs keep shrinking?
#136>What will the world be like when panels cost $0.05/watt? $0.01/watt? "Good morning, I would like a 400W solar panel" "Sir, that will be $4"
Re: Can solar costs keep shrinking?
#137Earlier quoted context omitted.
Same - take lightbulbs for example. Thanks to LEDs, the amount of energy you need to generate X amount of light has reduced considerably, but we still have as much if not more lighting than ever. And it's not like our GDP is suffering due to a lack of sufficient lighting, at a certain point there's no gain to productivity gained from having another lightbulb. Same thing can be said about cars, CPUs etc.
Think it’s meant more as a broad generalization than something that is always true. Many physical things take pretty fixed amounts of energy. Eg heating a liter of water.
Re: Can solar costs keep shrinking?
#138I remember as a child being on a school tour of the Enrico Fermi nuclear plant South of Detroit being told that nuclear power would soon become too cheap to monitor. This was over sixty years ago! So I am a bit skeptical. I also remember around 1975 getting all excited about solar and getting told that costs were dropping so fast that in five years solar would be cheaper than power produced from coal or natural gas.…
There was a brief period in the US from the late 1960s through the early 1970s where it looked like new nuclear power plants were going to supply electricity cheaper than coal. A few commercial reactors had just been finished on a reasonable schedule and budget. Government cost projections showed that just-completed reactors were competitive with coal and that by the mid 1980s, with rising coal production costs, nuclear would have a clear edge.
Most people who care about the history of nuclear power know about the ballooning costs and schedule overruns for nuclear reactors after Three Mile Island, so that explains part of why this projection didn't pan out.
The other part is that real coal prices fell in the 1980s instead of rising. Increased surface mining of coal reversed the upward price trend for coal as a fuel. At the same time, the thermal efficiency of coal fired power plants kept improving beyond what was considered practical circa 1968. So new coal fired power plants were spending less per gigajoule of fuel and turning more of the fuel into electricity. New coal plants in America became so cost-effective in the 1980s that nuclear would have been hard pressed to compete even without the actual delays and cost overruns that nuclear foundered on. France dodged this environmentally dreadful rise of coal because they didn't have abundant domestic coal like the US, so they were committed to developing non-fossil electricity regardless of improvements in coal technology.
I wonder if those over-optimistic solar cost predictions you saw in 1975 also assumed ever-rising fuel costs. If solar companies expected coal power to keep getting more expensive, that would indirectly accelerate the adoption of solar power (lowering its costs) as well as directly easing the cost benchmark that solar power needed to meet.
Or maybe, like in many other cases, the people working on solar back then were just over-optimistic about improvements and had blind spots about the obstacles ahead.
Re: Can solar costs keep shrinking?
#139Has the insurance & roof warranty issue been solved with panels on your roof? A few years ago I looked at putting solar panels on my roof. Both the company who roofed my house, and my insurance company - said it voided any warranty / claims against future roof damage if a solar panel was installed
Re: Can solar costs keep shrinking?
#140I remember as a child being on a school tour of the Enrico Fermi nuclear plant South of Detroit being told that nuclear power would soon become too cheap to monitor. This was over sixty years ago! So I am a bit skeptical. I also remember around 1975 getting all excited about solar and getting told that costs were dropping so fast that in five years solar would be cheaper than power produced from coal or natural gas.…
> I also remember around 1975 getting all excited about solar and getting told that costs were dropping so fast that in five years solar would be cheaper than power produced from coal or natural gas My understanding is commercial solar (as opposed to household solar) is cheaper than natural gas so that prediction is at least partly true