Solar Power's Decade of Falling Costs Is Thrown into Reverse
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Re: Solar Power's Decade of Falling Costs Is Thrown into Reverse
#2TLDR Polysilicon and semiconductor shortages.
Re: Solar Power's Decade of Falling Costs Is Thrown into Reverse
#3TLDR Polysilicon and semiconductor shortages.
Thank you. Glad to not have to look at the appallingly annoying popup.
Re: Solar Power's Decade of Falling Costs Is Thrown into Reverse
#4This is good news. Rising prices will bring competition that will ultimately reduce prices and increase performance.
Silicon is actually the least expensive part of a solar project. Installation plus the other parts are the real costs, easily over 50%. I hope more efficiency is brought to that part of solar power installations.
Short term it's a problem. Long term I think it's a plus.
Re: Solar Power's Decade of Falling Costs Is Thrown into Reverse
#5This is good news. Rising prices will bring competition that will ultimately reduce prices and increase performance. Silicon is actually the least expensive part of a solar project. Installation plus the other parts are the real costs, easily over 50%. I hope more efficiency is brought to that part of solar power installations. Short term it's a problem. Long term I think it's a plus.
Low energy prices encourage competition and innovation.
High energy prices encourage industry wide stagnation.