Monday, April 09, 2007

 

Super Cheap Solar Cells

If these numbers are right then we have a revolution on our hands:
Solar cell technology developed by the University’s Nanomaterials Research Centre will enable New Zealanders to generate electricity from sunlight at a 10th of the cost of current silicon-based photo-electric solar cells.
The problem with solar cells right now is the capital cost (Which is universally the problem with alternative energy and is a comment that will get people nodding with sagely in the right circles).

At 1/10th the current cost solar cells will be the cheapest source of power in almost all regions of the globe. In Toronto, you are currently looking at ~$0.30 per kWh for solar (and a market rate of $0.06 per kWh. At $0.03 per kWh solar will be the cheapest source of power in fucking Canada (okay, really southern Canada, but the point still stands). We have no source of power in this province that gets anywhere close to $0.03 per kWh. This is a big fucking deal. <Link>

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