3 ms·
You are correct of course. The main point of research like this is to drive development of panels forward. That helps to drive the cost of the panel down as wel
by pwagland 3y ago
You are correct of course. The main point of research like this is to drive development of panels forward. That helps to drive the cost of the panel down as well.
A similar argument can be made for almost any good, over the lifetime of the good, within an application category, second hand will often be better. However, in general, it is still useful better technology, so that newer models can be more efficient, which eventually trickle down to older models becoming more efficient.
- morphle 3y agoYou are referring to Wright’s Law [1]. For more than four decades, the price of solar panels declined by 20% with each doubling of global cumulative capacity[2], but you should check that with many more data sources, especially reputable or scientific sources. [1] https://en.wikipedia.org/wiki/Experience_curve_effects https://en.wikipedia.org/wiki/Experience_curve_effects [2] https://ourworldindata.org/learning-curve https://ourworldindata.org/learning-curve