Maybe I’ve been playing too much factorio, but if the main ingredient is silicon it seems like we should be easily able to turn out TW worth of solar panels every year.
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I get the impression most people approach this from a technological perspective, but I think economics and the way the market works is a bigger reason why you don’t see this happen.
There was a steady increase in demand for solar panels. This demand could be met by slowly increasing production capacity. Without increased demand, however, there’s no incentive to increase production capacity.
What’s happening now is that there’s a sudden boom in solar panel demand. Production can’t keep up. To increase production capacity this much, new factories need to be built, but that takes time. Productions is thus lagging behind on demand.
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