AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
2min snip
#2: Casey Handmer - Pulling Methane From Thin Air (Terraform Industries)
First Principles with Christian Keil
Economies of Scale and Price Reduction in Solar Power Production
The cost of solar power has decreased due to economies of scale in production. The price reduction trend was discovered during the Second World War. The relationship between cumulative production and price follows a logarithmic pattern, leading to reduced costs as production increases. Solar power production is relatively simple, with a learning rate of around 35%, meaning that every time production is doubled, the cost decreases by 35%. Humanity is currently doubling solar power production every two years, leading to significant yearly increases in deployment. By 2030, it is projected that solar power production will continue to increase at an accelerated rate due to advancements and efficiency in production.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode