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Monday, March 22, 2004 |
Wind and Solar Energy Prices
Wind and solar experience curves: " with each doubling of world wind-generating capacity, costs fall by 15 percent. The recent growth rate of 31 percent a year means costs are dropping by 15 percent about every 30 months. While natural-gas prices are highly volatile, the cost of wind power is declining. .. [Solar PV] industry experts estimate that with each doubling of cumulative production, the price drops roughly 20 percent. Over the last seven years, solar-cell sales expanded an average of 31 percent annually, doubling every 2.6 years." [Ken Novak: Future energy]
6:45:01 AM
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© Copyright 2009 Gary Santoro.
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M E D I A B U R N
 


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