It was all predictable. But as equipment got c
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But as equipment got cheaper, competition increased for long-term power-supply contracts with utilities, driving down electricity prices. Prices for the panels themselves have fallen about 88% in the last decade and are expected to fall another 43% by 2030, according to BNEF. That has put a premium on scale.
Why anyone would think that Moore's law wouldn't apply to the technology for solar and wind power is puzzling, except for the fact that political beliefs too often result in denial of facts, evidence and science. Trump, for example, continues to puzzle over what happens when the sun sets and the wind stops.
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Moore's Law refers to Moore's perception that the number of transistors on a microchip doubles every two years, though the cost of computers is halved. Moore's Law states that we can expect the speed and capability of our computers to increase every couple of years, and we will pay less for them. Another tenet of Moore's Law asserts that this growth is exponential
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