The Intelligence from The Economist Empire of the sun: a solar power revolution
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Jun 20, 2024 
Hal Hodson, The Economist's America's editor focused on technology and energy, and Alexandra Sewitch-Bass, Culture editor with insights into the champagne market, dive into the surge of solar power and its global implications. They discuss how solar energy is revolutionizing economies and tackling climate change, alongside exciting innovations like space-based solar power. The conversation also shifts to champagne's evolving reputation, from luxury drink to serious craftsmanship, and explores the morning routines of successful CEOs, analyzing the perks of early rising.
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Solar Energy Revolution
- Solar energy cost and usage are inversely related, driving rapid growth.
- Increased use leads to lower costs, transforming humanity's energy relationship.
Solar's Growth Drivers
- Solar's rapid growth is fueled by China's manufacturing ecosystem and the technology's scalability.
- Identical solar cells enable massive production, creating a supply-demand feedback loop that lowers prices.
Overcoming Intermittency
- Solar's intermittency is a challenge, but continued panel expansion and battery technology offer solutions.
- Expanding solar and battery production drives down costs, making continuous power a possibility.