Man how many times have we seen these stories already - "cheap solar power discovery, will make solar pv affordable" but then years later nothing has changed.
It would be great if some of these things actually got productizd, I would set up solar pv all over my property if it was just a bit more cost effective...
Nothing changes???? In 1980, solar PV cost about $22 a watt. If you order a large system today, you can do that for about $3 a watt. If you take inflation into account, that 1980 number is closer to $50 a watt in today's dollars. Yes, a reduction in price of 94% is peanuts compared to what has happened with computers, but that still beats the heck out of all of all the other energy sources. For example, oil costs more today than in 1980. Coal costs more than in 1980. And so it goes.
Solar is already cheaper than grid power in some areas. If prices keep dropping at the same rate they have been dropping (about 8% a year), within a decade, solar PV will be cheaper than the retail electricity rate for pretty much everyone in the US.