Observing the renewable energy transition from a European perspective

Solar Costs Will Fall Another 40% In 3 Years


Photovoltaic solar energy is just like that other solid state technology, IT: the per Watt solar installation cost is decreasing all the time, like the cost of memory storage or processing power in IT. The fact that budget furniture giant IKEA has started to sell solar panels says it all. The world does not really have a long term energy problem, but it certainly could have a timing problem and a huge dip in economic output, due to shortages in fossil fuel. The sooner the inevitable energy transition takes place, the better it is.

[] – Why solar costs will fall another 40% in just two years

P.S.: end of 2017 minus January 2015 = three years, not two.

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