Tag Archives: Henry Ford

Solar prices will drop much further below fossil fuels

High-placed utility executives have told me solar panels can’t get any cheaper. Here’s why economies of scale will continue to drive solar prices down, just like for Henry Ford’s Model T. There’s no excuse for new pipelines or nukes. Let the sun rise!

tl;dr: If current rates of improvement hold, solar will be incredibly cheap by the time it’s a substantial fraction of the world’s electricity supply.

Ramez Naam, on his blog, 10 August 2015, What’s the future price of solar?, Continue reading

“I’d put my money on the sun and solar energy.” –Thomas Alva Edison

Sometimes he was a prophet:
“We are like tenant farmers chopping down the fence around our house for fuel when we should be using Nature’s inexhaustible sources of energy — sun, wind and tide. … I’d put my money on the sun and solar energy. What a source of power! I hope we don’t have to wait until oil and coal run out before we tackle that.”

— Thomas Alva Edison talking to Henry Ford and Harvey Firestone in 1931

Source: as quoted in Uncommon Friends : Life with Thomas Edison, Henry Ford, Harvey Firestone, Alexis Carrel & Charles Lindbergh (1987) by James Newton, p. 31

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