Swanson's law
Swanson's Law is an observation that the price of solar photovoltaic cells tends to drop 20% for every doubling of industry capacity[1][2]. The Law is named after Dr. Richard Swanson, the founder of SunPower Corporation a solar panel manufacturer. Swanson's Law has been compared to Moore's Law[1]. Crystalline silicon photovoltaic cell prices have fallen from $76.67/watt in 1997 to a forecast $0.74/watt for 2013[1][2], lending support to the law.
References
- ^ a b c "Sunny Uplands: Alternative energy will no longer be alternative". The Economist. 2012. Retrieved 2012-12-28.
- ^ a b "Pricing Sunshine". The Economist. 2012. Retrieved 2012-12-28.
See Also
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