Sunday, December 2, 2012

solar energy - poised for take-off


an exceptional documentary about the coming power of the solar energy revolution. herman scheer is a true revolutionary - far sighted and persistant enough to take on dirty energy vested interests. solar energy, today, is comparable in cost to conventional sources - however, system change takes time. i expect at least 20 years for significant penetration of solar - of course, the process will be quicker in europe. it would be interesting to see if desertec gets built - it does sound good on paper. applied materials also must be a great company to invest in - they seem to have a monopoly on the equipment that is used to make solar panels and cells. the most interesting point this video makes is that solar tech transitions the energy industry from resources to pure tech plays - and this puts it on an exponential curve - expect solar to get cheaper and more powerful at an accelerating pace.

i am also very keen to see how solar deployment is handled in the developing world. both india and china have huge investments in solar tech - given the scale of environmental degradation in both countries - they should be moving faster than europe - but their political and infrastructure systems are not as evolved - i hope i am wrong.

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