Price of solar dropped 89% in ten years
Price of solar dropped 89% in ten years
Solar now being the cheapest energy source made its rounds on Lemmy some weeks ago, if I remember correctly. I just found this graphic and felt it was worth sharing independently.
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Imagine how steep that line would be if the fossil fuel lobbies hadn't been fighting it tooth and nail all these years
much more important: we'd be years ahead with storage technology.
I could be wrong but I don't think there's any evidence that the fossil fuel industry worked to suppress storage research/funding. Pretty much every IT industry has a huge interest in improving battery tech and energy storage in general, it's just that we've already hit all the low hanging fruit from a chemistry standpoint
I remember hearing stories about oil companies buying up battery patents. But this may be because they want to collect the royalties, not necessarily to suppress any kind of research. But like you said, I don't think there is any evidence... But if they were suppressing the technology, we probably would never know about it.
My dad was a VP at an oil major and has a literal story of an LNG tech being bought and shelved. Yet he’s still just like the people he complains about in that story. They’re a strange generation, these boomers.
Gotta keep prices high yo
It would be less steep because solar costs would have come down earlier.
That would make it steeper, no?
This part of the graph (2009-2019) would be less steep, because this sharp drop would have happened earlier - we'd be further along the curve