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#57 – Greg Nemet on Technological Change and How Solar Became Cheap
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The Demand Curve for Solar Panels
In contrast to nuclear, solar just seems to be much more modular and scalable that on the one hand, it was a necessary requirement that you actually have a feasible path to scale here. And then the next thing, the next niche market was actually consumers and Japan tried this thing where they gave people a 50% rebate on a solar panel in the mid 90s. So yeah, that was a big, big change that Japanese rooftop program in the mid 1990s. Yeah.
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