[ RadSafe ] Another recent article
ROY HERREN
royherren2005 at yahoo.com
Sat Jun 2 17:57:56 CDT 2012
http://www.technologyreview.com/energy/40460/?p1=A3
I think it's interesting that China's "investment" into solar electricity
generation has had such a disruptive effect in the market place. "Even as the
project nears completion, the future of solar thermal power plants is in doubt.
That’s in large part because prices for solar panels—which convert sunlight to
electricity directly—have dropped quickly in the last few years, causing at
least one company to abandon plans to build solar thermal plants in favor of
making ones that use solar panels". I think that it's important to remember
that Solyndra didn't go bankrupt because of a technology failure in their design
or product, but rather they went bankrupt because they couldn't compete on a
financial basis with the downward spiral in the price of solar panels being
shipped to the US from China. Only time will tell which technology will win out
in the long run. I am forever reminded of the battle between and Sony and the
other electronic manufactures over Beta vs. VHS video tape decks. The
"so-called" better technology lost out to the power of the majority of the
market place. The amusing thing is that today the consumer market for video
tape decks is all but dead. My but the market and the technology hawked there
is a fickle place. How will Nuclear Power, fission, fare in the long run? Is
there any chance the Chinese government can be talked into investing billions of
dollars into Nuclear Power and thereby reducing the price of global Nuclear
Power? If so, would we trust the reliability of Chinese manufactured
Nuclear Power plants? If there is a question of trustworthiness, why are
consumers trusting the reliability of Chinese manufactured photovoltaic solar
panels?
Roy Herren
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