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The World as You’ll Know It: The Great Rebuild cover image

Climate Change and the Surprising Success of Solar Power

The World as You’ll Know It: The Great Rebuild

NOTE

Learning Curve: Future Cost of Solar

In 1975, a projection was made at Texas Instruments stating that as more calculators were produced, the cost came down following the learning curve concept. This projection estimated that by 2015, if more solar panels were built, the costs would decrease to compete with fossil fuels. However, after the initial push in the late 1970s, the US lost focus on solar energy during the Reagan administration, leading to significant budget cuts and a dispersion of solar knowledge among professionals to other fields.

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