Tag Archives: compound annual

2012 solar deployments driven by Moore’s Law price reductions

Moore's Law in solar Watts/$100 Moore’s Law for solar is about decreasing price per Watt, or more Watts per dollar. Here’s an example of a common confusion, to think it’s about efficiency:

“The curve will obviously become asymptotic at some point, ie,. the rate of improvement will flatten out, so we end up with a sort of squashed “S” shape curve, because you can’t get more than 100% efficiency — 36 watts/m2 or so.”

And indeed efficiency probably will flatten out soon. But it’s not solar efficiency that’s improving by Moore’s Law: it’s price per watt. That can keep improving for a long time.

Here’s an example of decreasing price. Scott Detrow wrote for NPR 23 December 2012, Forget Fracking: 2012 Was A Powerful Year For Renewables,

Rhone Resch “Just to give you perspective,” Resh said, “in Washington, D.C., where I live, when I installed solar on my house six years ago, the average install cost was about $14 a watt. Today it’s about $4 a watt.”

Here’s another comparison, this one just for solar panels. KC 170 solar panels, purchased 2005 In 2005 the first set of solar panels we got cost $670 each and produced 170 Watts DC each, or $4.94/Watt. In 2011 our second set of solar panels cost $562 each for 235 Watts DC each, or $2.39/Watt. That’s more than 50% price decrease for solar panels in six years. (I can’t compare inverters or support structures directly, because those were sized so differently, but those have also come down in price, helping lower the overall install cost).

Yearprice /Wattprice /panelWatts /panel Dimens.square inchesWatts /100 sq in. Model
2005 $4.94 $670 170W 50×39″ 1950 8.7 KC 170
2011 $2.39 $562 235W 39.1×64.6″ 2525 9.3 Sharp ND 235 QCJ
2012 $1.32 $310 235W 39.1×64.6″ 2525 9.3 Sharp ND 235 QCJ

Meanwhile, the Watts per surface area hardly changed, from about Continue reading

What is Moore’s Law for solar power?

Many people are unfamiliar with Moore’s Law, and how it affects solar power. Moore’s Law doesn’t occur in many technologies or industries, but it’s there in solar photovoltaic (PV). For those of us whose whole working lives have been affected by Moore’s Law, seeing it turn up in another field is like a flashing neon sign pointing to the future. A future of distributed solar power sunrise over the crumbling industrial relics of coal, nuclear, and natural gas plants. A future with much less control by monopoly utilities, which is why they fight it. If they even see it coming; Bill Gates didn’t, back in the day, but Jeff Bezos of Amazon did. They both surfed that tide, and Moore’s Law made both of them among the richest humans on the planet while changing the world for all of us. Steve Jobs even used it to put a computer in your pocket more powerful than big companies could buy a few decades ago. What does Moore’s Law for solar power mean for electric power?

This chart shows the telltale symptom of Moore’s Law in solar electricity: 65% compound annual growth rate in solar power plants deployed for the past 5 years:

Source: Solar Power Graphs to Make You Smile by Zachary Shahan for CleanTechnica 10 June 2011.

As SunPower’s Dinwoodie puts it:

That 17 GW installed in 2010 is the equivalent of 17 nuclear power plants — manufactured, shipped and installed in one year. It can take decades just to install a nuclear plant. Think about that. I heard Bill Gates recently call solar “cute.” Well, that’s 17 GW of “cute” adding up at an astonishing pace.

Bill Gates should recall that Moore’s Law made formerly “cute” PCs with his “cute” operating system Windows expand into every company in the world and made him the second richest human on the planet. Growth of computer software markets, like for the U.S. as shown in the graph on the right, is a symptom of the original Moore’s Law. Software runs on hardware, and these hardware market curves are driven more directly by Moore’s Law:

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