Swansons
Recently Los Angeles struck a 25-year deal for solar and battery power at a price that, according to Forbes Magazine, “crushes fossil fuels, buries nuclear”. At 1.997c/kwh for solar and 1.3c/kwh for batteries, it’s half the cost of power from a new natural gas plant. You’ve probably heard of Moore’s Law for computing. The LA deal demonstrates Swanson’s Law for solar, named after the founder of SunPower Corporation, who observed that the price of solar drops 20% for every doubling of cumulative shipped volume. Currently, costs go down 75% every 10 years. Are you surfing the solar wave?
— Wayne Visser
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From Purpose Inspired: Reflections on Conscious Living, Volume 1. Buy on Lulu ↗