Solar PV costs have declined substantially over time. In 1990, PV modules cost $8.00/Watt and approximately 280 MW of PV modules had been produced. By 2010, PV modules cost $1.60/Watt and approximately 14,000 MW of PV modules had been produced. If the slope of the learning curve for PV modules is -0.41 and cumulative PV module production reaches 2,840 GW by 2030, how much would we expect PV modules to cost in 2030? O $0.18/Watt O $0.24/Watt O $0.17/Watt O $0.15/Watt O $350/Watt O $0.83/Watt O $14/Watt

Introductory Circuit Analysis (13th Edition)
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ISBN:9780133923605
Author:Robert L. Boylestad
Publisher:Robert L. Boylestad
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Solar PV costs have declined substantially over time. In 1990, PV modules cost $8.00/Watt and
approximately 280 MW of PV modules had been produced. By 2010, PV modules cost $1.60/Watt
and approximately 14,000 MW of PV modules had been produced. If the slope of the learning curve
for PV modules is -0.41 and cumulative PV module production reaches 2,840 GW by 2030, how
much would we expect PV modules to cost in 2030?
O $0.18/Watt
$0.24/Watt
O $0.17/Watt
$0.15/Watt
O $350/Watt
O $0.83/Watt
O $14/Watt
Transcribed Image Text:Solar PV costs have declined substantially over time. In 1990, PV modules cost $8.00/Watt and approximately 280 MW of PV modules had been produced. By 2010, PV modules cost $1.60/Watt and approximately 14,000 MW of PV modules had been produced. If the slope of the learning curve for PV modules is -0.41 and cumulative PV module production reaches 2,840 GW by 2030, how much would we expect PV modules to cost in 2030? O $0.18/Watt $0.24/Watt O $0.17/Watt $0.15/Watt O $350/Watt O $0.83/Watt O $14/Watt
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