Transcript
So let's move on to the next slide. This is one of my favourite charts in the whole talk.
ASPIRENew slide. Line chart titled "Cost of solar electricity", falling from 38 cents to 5 cents per kilowatt-hour, 2010 to 2020.
What you're seeing here is the cost of solar electricity over the last ten years, and the trend is remarkable. In 2010, utility-scale solar cost about 38 cents per kilowatt-hour. By 2020, it was down to roughly 5 cents. That is an 87 percent drop in a single decade, faster than almost anyone predicted. And this is the point I really want you to take away: cost, not technology, is what changed the energy conversation. Once solar became the cheapest option on the table, the debate stopped being about whether, and started being about how fast. Keep that in mind, because the next slide looks at wind, and the story there is strikingly similar.