Expected Market Shift
There has been a lot of hype circling around the possibilities of advanced solar technology in recent years. Major companies and investors such as Google, have invested hundreds of millions of dollars towards this new generation of solar power. They are counting on the likely possibility that the new technologies could compete with not only traditional solar cells, but more importantly with fossil fuels and nuclear energy (to reach and surpass grid parity). This would revolutionize our energy market; as said, in order for this to happen, third generation solar cells will need to be more efficient and cheaper.
Read more about this topic: Third Generation Photovoltaic Cell
Famous quotes containing the words expected, market and/or shift:
“For me chemistry represented an indefinite cloud of future potentialities which enveloped my life to come in black volutes torn by fiery flashes, like those which had hidden Mount Sinai. Like Moses, from that cloud I expected my law, the principle of order in me, around me, and in the world.... I would watch the buds swell in spring, the mica glint in the granite, my own hands, and I would say to myself: “I will understand this, too, I will understand everything.””
—Primo Levi (1919–1987)
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“There is a certain relief in change, even though it be from bad to worse; as I have found in travelling in a stage- coach, that it is often a comfort to shift one’s position and be bruised in a new place.”
—Washington Irving (1783–1859)