> Wright's law, also known as the experience curve effect, states that as the cumulative production of a product doubles, the labor time or cost per unit declines by a fixed percentage
We're up to about 8 billion solar panels produced ever, maybe 2 billion or so a year now.
That's a lot of doublings.
There's been about 700 nuclear plants. Not a lot of doublings.
You need a lot of panels to match one nuclear power plant though, and they were/are heavily subsidized.
>> There's been about 700 nuclear plants. Not a lot of doublings.
Obviously, because there was/is a lot pressure against building them. I think China demonstrates, that they can be built rather quickly and cheaper and cheaper, if the obstacles are removed.
It's not really a fair competition when something heavily subsidized and the other thing is almost banned.
Large parts of USA, Canada, non Mediterranean Europe and northern half of Asia. A lot of people live there.
>> And the law of economics making modular renewables cheaper is Wright's Law:
I asked which economic law makes ONLY renewables getting cheaper with time. Why couldn't nuclear get cheaper in time?