Home Business Going Big and Fast on Renewables Would Save Trillions in Energy Costs

Going Big and Fast on Renewables Would Save Trillions in Energy Costs

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However, new research, and decades of data on the actual costs of solar, wind and other energy technologies, has turned this logic on its head — going faster is cheaper.  Here’s why:  In 1975 semiconductor pioneer Gordon Moore observed that computer chips were doubling in density each year, dramatically increasing per-dollar computing power and lowering costs exponentially over time.  Research by our group at Oxford and others shows that many technologies, including zero-carbon technologies, follow similar improvement curves, known as Moore’s Law.

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