Problem: The price of solar electricity is still higher than electricity from coal or natural gas. Price parity or perhaps making solar cheaper than fossil fuel is required for widespread adoption of solar.
Solution: Bill outlines several ideas that could reduce the material, labor and maintenance costs of solar thermal electricity.
1. Rethink Storage – integrated rock storage right in the tower
2. Rethink Engine – Low temperature stirling engine
3. Rethink Actuation
4. Rethink Installation
Wind is the Enemy of Solar 0 Solar has heavy frames to resist strong wind
Cover the solar when winds are strong, so solar setup can be cheap and lightweight
Technology that might make it possible: Energy storage using rocks, higher efficiency (~30%) sterling engine, low-weight mirror structures including a retractable wind covers, wire drive mirrior actuation and automated construction and installation of the mirrors.
More at SolveforX.com!
4.9 cents per kwh
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
Known for identifying cutting edge technologies, he is currently a Co-Founder of a startup and fundraiser for high potential early-stage companies. He is the Head of Research for Allocations for deep technology investments and an Angel Investor at Space Angels.
A frequent speaker at corporations, he has been a TEDx speaker, a Singularity University speaker and guest at numerous interviews for radio and podcasts. He is open to public speaking and advising engagements.