"It's unfortunate that the spirit of efficient allocation of resources based on marginal cost advantages has gone, and claims of dumping, often groundless, are increasingly used as a tool to protect inefficient production,"--Reuters quoting ReneSola Ltd CFO--Regardless, of the merits or eventual outcome of the inevitable "dumping litigation" China's leadership deserves huge credit for advancing the bet, debate, and global competition in a sustainable living market. Of course there is spectacular and supreme irony in wannabe capitalists complaining of being out competed by aspiring socialists2!
UPDATED 06/16/2012 NYT Green Blog, Q. and A.: A Panoramic View of Energy Innovation and ITIF, The Work to Further Clean Energy Innovation Continues
Those blurting out "free market myths" as the panacea to all government action might find Norman Augustine's recent testimony before the Senate Committee on Energy and Natural Resources interesting:
"...In short, due to the risk entailed, private sector investment will often be unavailable to assist in crossing either of these important developmental gaps [risk to initial capital; risk of market utility, viability and scalability or lack thereof]. In the case of basic research, market payoffs are usually well over a decade in the future, and may not exist at all. In the case of proving scalability, the size of the investment required is often large and the results uncertain. But in spite of these considerations, the development of new energy sources remains of critical importance to the nation…hence means of overcoming them must be found.Markets as opposed to "mythical free markets" are tools—like all tools they must be used correctly, have limits that must be understood to avoid injury, and will frequently fail when used improperly.
Although I must confess that I, and I believe my colleagues, are strong devotees of free enterprise4 as opposed to government involvement in markets4 to the extent practicable, the energy dilemma seems to be exactly the sort of issue which governments are designed to help solve, at least in democracies with free enterprise markets4...."--Augustine May 22, 2012 Testimony--
UPDATED 10/27/2009 White House Blog, The Smart Grid: Creating Jobs, Saving Energy and Cutting Electric Bills.
How wonderful to see our President visiting and promoting a small (
Much tough work (jobs) remains in the area of increasing a 30% conversion efficiency3, significantly above state of the art; reduction of transmission lose; improved local and distance electricity storage; and grid infrastructure development and roll-out.
What a fantastic beginning. It should be noted that photovoltaic (pv) material can be used in forming arbitrary shapes and designs (e.g.roof, rock, sign, fence)—here a rectangular flat-panel is used to maximize the panel area and thus solar flux input as it tracks the sun's arc across the sky.
UPDATED 01/27/2018 AlJazeeraEng, China Builds Largest Floating Solar Farm in the World
UPDATED 01/23/2018 Reuters, Job Creator, or Job Killer? Trump Angers Solar Installers with Panel Tariff
Manufacturing solar panels is capital-intensive and installation of the panels is labor-intensive. However, our unstable, unfit, unwell, and unbalanced "new" alt-white-house et al. is likely more focused on its emotional fan-base than analytical economics.
The foolish tariff will increase the price of domestic solar panels and do nothing to assuage any emotional belief that global traders are taking unfair advantage of America.
UPDATED 06/26/2017 Reuters, U.S. solar demand could drop 66 percent if trade case succeeds: report
UPDATED 04/14/2017 SD, New Study Calls for US Solar Policy Reform and Stanford, Stanford Researchers Recommend Changes to U.S. Solar Policies, Encourage Collaboration with China and Economist, Why China Has Become the World Leader in Renewable Energy
UPDATED 01/09/2017 WH, The Record: President Obama on Climate and Energy and Science, The irreversible momentum of clean energy
Thank you President Obama, your early leadership in shifting our energy production possibility frontier, amid caustic and continuous criticism, has enabled our current and future competitiveness in this sector, in spite of a small residual nostalgia for our 1920-1970 coal mines.
UPDATED 12/19/2016 SA, Why China is Dominating the Solar Industry
UPDATED 07/22/2016 Reuters, China installed 20 GW of solar power in first-half; triple from a year ago
UPDATED 07/19/2016 WH, Ida Went Solar, You Can Too
It's worth noting that President Obama provided yesterday's leadership, which today enables Ida (and our nation) to go solar! Our nation and next president must continued to upgrade or replace our decaying and obsolete energy infrastructure.
UPDATED 12/28/2014 CNBC, US-China trade war leave some solar firms reeling
UPDATED 01/24/2014 ThomsonReuters, China's solar industry rebounds, but will boom-bust cycle repeat?
UPDATED 01/10/2014 Reuters, China pledges further support for solar industry
UPDATED 10/01/2013 DOE, Solar Decathlon 2013
Net-zero living structures' instrumentation, sensors and microgrid connections are being inspected and approved before the October 03 start date.
UPDATED 07/15/2013 UPI, More solar power in service for California
UPDATED 05/22/2013 Reuters, WRAPUP 1-EU and U.S. not coordinating on China solar dispute
UPDATED 10/12/2012 BBC, US unveils higher tariffs on China solar cell imports
UPDATED 09/24/2012 Reuters, U.S. poised to hand over $197 million to another solar panel start-up
A dip in natural gas prices should be viewed as a welcome event that may temporarily ease the CO2 loads5 while we continue to investigate and invest in a diverse set of renewable energy alternatives, including a mix of solar panel concepts and designs.
UPDATED 07/26/2012 Reuters, China's solar companies warn of trade war with EU
UPDATED 07/08/2012 SandiaLabs, Microsystems Enabled Photovoltaics
UPDATED 05/29/2012 UPI, White House defends backing Solyndra loan Our president's critics are beginning to sound a bit like a nagging spouse or significant other.
Our nation must continue investing in alternative energy, including to drive down the still relatively high cost solar alternatives.
UPDATED 05/07/2012 WT, Solar project opens on federal property
UPDATED 03/25/2012 MTR, A Leap Forward for Plastic Solar Cells
UPDATED 03/22/2012 WH, Remarks by the President on Energy, Copper Mountain Solar Project Boulder City, Nevada
"...And, yes, that means we make investments in stuff that is new, and we stop subsidizing stuff that’s old..."--President Obama--As solar panel efficiency, price per kilowatt hour, and battery energy density improves our Flat Earth Society will call clean energy a great American "free market" triumph.
UPDATED 03/20/2012 NYT, U.S. to Place Tariffs on Solar Panels From China
UPDATED 10/19/2011 WP, U.S. solar manufacturers to file dumping charges against Chinese firms and NYT, Six Complainants in Trade Case Are Unnamed
UPDATED 07/21/2010 UPI, Oregon first in solar nanotechnology.
UPDATED 06/02/2010 UPI Pictures, Obama tours solar panel company in [Fremont,] California.
Solyndra's CEO Chris Gronet takes our versatile President and first marketeer in chief on a tour of the company's solar panel fabrication facility located in Fremont, California.
Kudos to our amazing President for whom no issue or problem, related to rebuilding America seems too big or too small.
UPDATED 10/27/2009 WP Transcript, President Obama delivers remarks at solar energy center.
UPDATED 10/27/2009 CSM, Obama awards $3.4 billion in ’smart grid’ grants.
UPDATED 09/14/2009 Reuters, U.S. tire duties fuel trade tension with China and NYT, China-U.S. Trade Dispute Has Broad Implications
UPDATED 09/09/2009 Reuters, Google plans new mirror for cheaper solar power.
"In two to three years we could be demonstrating a significant scale pilot system that would generate a lot of power and would be clearly mass manufacturable at a cost that would give us a levelized cost of electricity that would be in the 5 cents or sub 5 cents a kilowatt hour range,"--Google Engineer Bill Weihl—Amazement on Herculean scales and very Google like, if achieved!
UPDATED 09/08/2009 NYT, U.S. Company and China Plan Solar Project Reuters, Not so sunny: trade war looms in solar space
1. If a manufacturer (in this case an entire country) thinks it has a comparative advantage in a particular area and that the economies of scale are expected to be large enough to drive marginal costs to near zero it may initially invest huge sums to capture that market. Once the market is captured it can recoup its initial investment and accumulated economic losses. The risk is that you miscalculate and do not capture the market or achieve the expected scales of economies or your competitors out compete you.
2. The irony should not mask the extremely complex questions involved in ensuring that competition takes place on a level, non-corrupt, and fair practices playing field or that communist China is a hybrid economy in transition and still required to impute costs. (e.g. see recent reports on WTO dispute between aircraft manufacturers Airbus and Boeing; Reuters, WTO raps European export aid for Airbus: sources)
3. As we "unwind" (cleanup) the financial schemes (mess) on Wall Street perhaps our physicists can get back to work doing physics instead of wowing hedge fund gamblers. An unfortunate result of running the financial schemes is that it distorts the economy—it's as if everybody suddenly became casino dealers for the gamblers and the people who service them. Makes its more difficult or impossible to find anybody to help run your farm—at least until the house of cards (casino) collapses.
4. Free enterprise, free enterprise markets and government involvements in markets are distinct concepts and differ from "free markets". Whatever meaning Augustine has assigned to these terms it's the antithesis of a panacea for government involvement since he's specifically calling for government involvement.
5. Methane produce significantly less CO2 than equivalent coal combustion. However, methane's GHG gains relative to coal may be partially or totally offset by the quantity of methane that leaks during the live cycle of a natural gas well.
Continuous and accurate data (currently unavailable) on methane leakage during the live cycle of a natural gas well are required to determine the net CO2 accounting.
6. UPDATED 01/17/2017 NewYorker (Satire), Bush Counting Down Days Until He Is No Longer Worst President In History.