It’s a simple point but one that a lot of people don’t “get,” and one that could probably use a lot more attention than it gets. Michael Liebreich points out that solar power, wind power, and battery prices have seen dropping prices in line with the scaling up of production and demand. That is, these prices are simply dropping because of the experience curve… and they will continue to do so.
The last line is a nice one: That we’ll look back on Tesla’s Gigafactory and laugh about how small it was.
Here are some more fun and exclusive clips from this Financial Times–IRENA event:
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