4 ms·
I don't think fossil fuels will be economical for much longer. Per area, solar panels are cheaper than window glass. Costs are now down to $2 per watt. A decade
by ggreer 5y ago
I don't think fossil fuels will be economical for much longer. Per area, solar panels are cheaper than window glass. Costs are now down to $2 per watt. A decade ago it was $7 per watt. Lithium batteries are 1/10th the price they were in 2010. These trends seem to be continuing, and faster than experts project. For example: in 2015 a study looked at past estimates of battery prices versus observed prices.[1] They found that analysts were consistently pessimistic about cost reductions. They tried to correct for this pessimism and made the following prediction:
> ...battery pack costs may in some cases be as low as US$300 per kilowatt-hour today, and could reach US$200 by 2020. This cost development is notably cheaper and faster decreasing than I and many others expected.
The actual cost in 2020 was $137 per kWh.[2]
1. https://www.weforum.org/agenda/2015/04/will-falling-battery-prices-speed-the-transition-to-cleaner-energy/ https://www.weforum.org/agenda/2015/04/will-falling-battery-...
2. https://www.statista.com/statistics/883118/global-lithium-ion-battery-pack-costs/ https://www.statista.com/statistics/883118/global-lithium-io...
- incrudible 5y agoThe emissions required to produce batteries are what puts EVs at an immediate disadvantage against ICEs the day they roll out of the factory. You then install a bunch of solar panels, which require their own batteries to store the energy that you'll use to charge your EV in the evening. Before you proceed, please calculate how many miles you will need to drive to offset those emissions, compared to just using an ICE. You might save us all a lot of trouble.